Nordic Business Report-September 27, 2006-AffectoGenimap Plc acquires ZenPark Oy
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The Finnish business intelligence, document management and geographical information systems supplier AffectoGenimap Plc said on Wednesday (27 September) that it has agreed to acquire business information solutions provider ZenPark Oy.
ZenPark provides business informations solutions based on technology from Cognos and Microsoft. The company has 37 employees and reported revenues of EUR3.2m in the financial year ended in June.
AffectoGenimap is acquiring ZenPark for a fixed consideration of EUR2.4m, and additional payments of up to EUR0.7m based on future performance.
One euro (EUR) is worth approximately 0.67 British pounds (GBP).
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