Divestiture of Visma’s hosting business
After several years of steady growth, Visma has sold market-leading mass hosting providers Loopia and Active 24 to Axcel to focus on its development as a pure SaaS provider. “The mass hosting business has had a good development over the last years, and Visma owners and management now believe that the business can develop even faster and better independent of Visma,” said Visma CEO Øystein Moan. By selling, the Visma group continues its focused development as a “pure-play” SaaS/software business. Visma has grown fast organically and through over 160 acquisitions to become the largest