Carnegie sells all shares in Capital C AB
Carnegie has signed an agreement today for the sale of all shares in Capital C AB. Capital C is a software development company and a supplier of back office systems for the securities market.
The buyer is the Finnish systems supplier SYSOPENDIGIA Plc, currently operating on the Nordic securities market. Through the acquisition, SYSOPENDIGIA will gain an important position in the Swedish securities market.
“We have now found the right industrial buyer for Capital C. SYSOPENDIGIA has an outstanding position as a supplier on the Finnish securities market, and will take advantage of Capital C’s technology and professional competence in further developing the products”, says Matti Kinnunen, Carnegie’s COO.
Carnegie’s current support and maintenance agreements for back office systems will be valid for another three years.
The sale has affected Carnegie’s results for 2007 only marginally.