Addnode Group is today one of Sweden's largest companies in
geographic information solutions (GIS). Spatial Technology AB
("Spatial Technology") provides GIS solutions and
has successfully developed its own GIS integration platform.
The acquisition strengthens the Group's GIS and spatial
information system offering.
The acquired business with offices in Gothenburg and
Stockholm has a turnover of nearly M 10 SEK and has clients
in both the public and private sectors. Spatial Technology
develops and sells the product family "Independent Spatial
Management (ISM)". ISM integrates data between spatial
databases and all leading GIS / CAD vendors with
compatibility between data, metadata, users, design,
mapping and applications.
Spatial Technology is already a partner of several of
Addnode Group companies, including Cartesia, Tekis and
"Addnode Group is one of Sweden's largest companies in GIS.
The acquisition of Spatial Technology underlines our
commitment to take responsibility for the geospatial market
development", says Staffan Hanstorp, President and CEO of
Addnode Group AB.
Spatial Technology will be integrated into Addnode Group's
"The acquisition increases customer value in our current
offerings and strengthen our ability to meet customers'
growing needs. With ISM, combined with Cartesia concept,
Solen, we have a more complete range of spatial database
solutions and powerful data integration. We have a strong
market presence and this shows our clear intention to be
our customers' GIS Partner," says Lennart Nilsson, CEO of
"This gives us the opportunity to work further and become
even better at what we do best today - to work with our
customers in the implementation, development and continuous
improvement of the business with the help of GIS," says
Thomas Olsson, founder of Spatial Technology, who will,
after the acquisition, continue his work at Cartesia.
The acquisition is conditional and is implemented as a
so-called acquisition of assets. Addnode Group will
consolidate operations as of 1 October 2012. The parties
have agreed not to disclose any details about the
About Addnode Group
Addnode Group provides mission-critical IT solutions that
realize business opportunities and streamlines operations.
We are 800 + employees in Sweden, Norway, Finland, Denmark,
Serbia and USA.
• We are the largest provider of IT solutions for design,
construction and product lifecycle management to the Nordic
• We are the largest provider in Sweden of Geographical
Information Systems (GIS) and technical municipal expert
systems and solutions.
• We are a leading supplier in Sweden of the case
management system to the public sector.
• We have a leading position in Sweden as a provider of a
cross-industry web service offering.
With over 3000 customers using our solutions in more than
60 countries and a track record of good growth, we continue
to build a strong and extensive portfolio of high
performance IT solutions.
In 2011 net sales totaled SEK 1.300 M. Addnode's Series
B share is listed on the OMX Nordic List, Small Cap. More
information about Addnode Group on www.addnodegroup.com.