Sale to Industrial
FotoPhono sold to Atea
FotoPhono AS (FP), a leading Norwegian AV solutions provider, announced on 31 August 2011 that it has entered into an agreement to be acquired by Atea AS, part of the OSE listed, leading IT infrastructure company Atea ASA (Atea)
NOK 103m - 2011

Strenghten focus on AV solutions

FotoPhono is a reputable provider of integrated AV solutions to the Oil & Gas, public and educational sectors. Headquartered in Oslo, FP has regional offices in Stavanger, Trondheim, Bergen, Drammen and Gjøvik. FP has delivered solutions to inter alia Hydro, PwC, KPMG, KLP and Norwegian Defence, in addition to the Prime Minister’s Office and a number of universities and municipalities. FP had revenues of approximately MNOK 308 and EBITDA of MNOK 18.8 in 2010.

Atea is the leading Nordic and Baltic supplier of IT infrastructure with approximately 5,400 employees. Atea is present in 80 cities in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers IT products from leading vendors and assist its customers with specialist competencies within IT infrastructure services with its approximately 3,100 consultants and 7,500 technology certifications.

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