The European Commission approves Ratos investment in Q-Labs
The European Commission approves investment in Q-Labs The European Commission said today it had approved Ratos investment in Q- Labs. After a new share issue of SEK 190m Ratos will hold 40 per cent of Q-Labs. Other owners are Swedish Ericsson and Norwegian Det Norske Veritas. Q-Labs' core business is to manage software risks at companies with a large or critical software dependency. Some of the major clients are international corporations, such as Ericsson, ABB and Robert Bosch. Today, the company has a strong position in Europe, and a break-in has started on the U.S. market. Software