Vitec acquires the Swedish software company Appva AB
Vitec Software Group AB (publ) is strengthening its Nordic position in Vertical Market Software on June 17 by acquiring all shares in the Swedish software company Appva AB. The company reported sales of SEK 22.9 million, with an adjusted EBIT of SEK 2.1 million for the 2019 financial year.Appva AB provides the product Medication and Care Support System, MCSS, a mobile and digital signature app for medication tracking within the municipal care system. The product was launched in 2012 and is used by about 100 customers in Sweden, most of which are municipalities. MCSS offers customers an