TietoEVRY completes the divestment of its Oil & Gas software business
TietoEVRY Corporation STOCK EXCHANGE RELEASE 7 June 2021, 10.30 a.m. EETOn 15 February 2021, TietoEVRY announced an agreement with Aucerna, a Quorum Software affiliate, to sell its Oil & Gas software business. Conditions to complete the divestment have now been fulfilled and the transaction is closed. The divestment is part of the company’s strategy to seek focus and scale. Quorum Software is a leading software provider for digital transformation in the energy industry. Upon completing the transaction, the company will become a leading software provider with a broad portfolio of