Tieto and EVRY joining forces to create a leading Nordic digital services company

Kimmo Alkio

“This combination announced today will create a company well-positioned to facilitate digital transformation across the Nordics for the benefit of our customers, employees, shareholders and society. With continued investments in our people, latest technologies such as robotics, cloud and artificial intelligence, the combination will create a competitive digital partner for our customers. We have a strong cultural foundation based on Nordic values with upmost respect for every individual and focus on life-long learning. I believe we will create exciting opportunities for professional and personal growth for employees in both companies – and a strong value proposition for our customers. Together we have the opportunity to accelerate the pace of change and innovation in the industry and bring the benefits of the digital world to our customers faster and more effectively. I foresee a very exciting journey ahead”, says Kimmo Alkio, President and CEO of Tieto. 

Per Hove

“During the last few years, EVRY has taken important steps and become a preferred partner for digital transformation to our customers. EVRY and Tieto share strong Nordic values promoting openness, trust and diversity. I believe that the new company will attract the right competence, customers and partners,” says Per Hove, CEO of EVRY.

 

Highlights

1. Named TietoEVRY, the company will be well-positioned to bring the benefits of the digital world to our customers faster.

2. The combination creates a company with combined revenue of EUR ˜3 billion and ˜24,000 professionals across the world.

3. With more than 5,000 digital consultants in the Nordics close to customers with deep customer knowledge, and around 10,000 globally, the new company is set to accelerate its customers’ digital transformation.

4. Highly complementary across capabilities, markets and services with a strong presence in Norway, Sweden and Finland together with global expert teams, provide a good foundation for growth for the new company.

5. Companies share strong Nordic cultural heritage and values promoting openness, respect and diversity.

6. It is expected that the merger will be completed during the fourth quarter of 2019, or during the first quarter of 2020 at the latest, subject to shareholder and competition authority approvals.

Extraordinary General Meeting of Tieto Corporation

Extraordinary General Meeting of Tieto Corporation (EGM) will be held on Tuesday 3 September 2019 at 16:00 (EET) at Tieto’s headquarters, address Keilalahdentie 2-4, 02150 Espoo, Finland.

Register here to the EGM

The EGM will resolve on the merger of Tieto Corporation and EVRY ASA.

Practicalities

  • the reception will open up at 3.00 p.m.
  • the meeting will be conducted in Finnish and simultaneous translation will be available into English
  • coffee will be served after the meeting

Getting Tieto headquarters

  • by metro: Keilaniemi station, exit F
  • parking facilities also available

Documents of the EGM

Read related documents

Read more from the related documents below.

Stock exchange release - English

Tieto and EVRY joining forces to create a leading Nordic digital services company

TietoEVRY presentation

Digital Advantage for Nordic Enterprises and Societies

Stock exchange release - Finnish

Tieto ja EVRY yhdistyvät yhdeksi Pohjoismaiden johtavista digitaalisten palveluiden toimittajista

Press release - English

Tieto and EVRY joining forces to create a leading Nordic digital services company

Shareholder Nomination Board proposal - English

Proposals by the Board of Directors and the Shareholders’ Nomination Board of Tieto Corporation to the Extraordinary General Meeting resolving on the merger between Tieto Corporation and EVRY ASA

Press release - Finnish

Tieto ja EVRY yhdistyvät yhdeksi Pohjoismaiden johtavista digitaalisten palveluiden toimittajista

Shareholder Nomination Board proposal - Finnish

Tieto Oyj:n hallituksen ja osakkeenomistajien nimitystoimikunnan ehdotukset Tieto Oyj:n ja EVRY ASA:n välisestä sulautumisesta päättävälle ylimääräiselle yhtiökokoukselle

Press release - Swedish

Tieto och EVRY går samman för att bli en ledande leverantör av digitala tjänster i Norden

      

Press release - Norwegian

EVRY og Tieto fusjonerer og skaper en ledende nordisk leverandør av digitale tjenester

Tieto and EVRY sign merger plan

Tieto ja EVRY ovat allekirjoittaneet sulautumissuunnitelman

Approval of Prospectus EN

Approval of Prospectus FI

Evry Q2 2019 interim report

Tieto Q2 2019 interim report

Evry 2018 financial statements

Tieto 2018 financial statements

Merger and listing prospectus

Follow the web cast