Vitec acquires the software company Scanrate Financial Systems A/S
Vitec Software Group AB (publ) is strengthening its Nordic position in Vertical Market Software on June 17, by signing an agreement to acquire all shares in the Danish software company Scanrate Financial Systems A/S. The company reported sales of SEK 57 million, with an EBIT of SEK 25 million for the 2021 financial year.The software company Scanrate Financial Systems A/S develops and delivers software for analysis, valuation, and risk management with a focus on the Danish bond market. The products RIO and Lima enable comprehensive calculations and analysis of all types of Danish bonds and