Mind acquires Internet consultancy company Acaciagruppen

Mind acquires Internet consultancy company Acaciagruppen The Internet consultancy company Mind is acquiring Acaciagruppen. Acaciagruppen consists of two companies, Björk and Acacia, which specialise in market communication and the development of Internet-based business solutions. Acquisitions which have taken place in recent months mean that the number of employees at Mind now totals almost 370. Acaciagruppen consists of two companies, Acacia and Björk, specialising in the development of Internet-based business solutions and in market communication and brand strategies respectively. The companies focus on Internet solutions, integrating business support systems, technically and in terms of design, with external and internal communication. Acaciagruppen's 36 employees will become Mind employees after the acquisition. Acaicagruppen works with companies such as Dressmart, Dial Försäkring, Ahrens & Partners, Europeiska Försäkringar and AstraZeneca. "Market communication is vital for both start-up companies and traditional companies. We will now have the opportunity to contribute our knowledge in the field of communication and brand strategies in a professional company with a good reputation and delivery capacity," says Pia Santesson, CEO of Björk. "In our opinion, Mind is the most interesting player in the Internet market and we look forward to offering our expertise in fields such as Internet-based solutions in Oracle environments. Our customers will also feel the benefits of this acquisition as they will have access to an expansive organisation with a large and broad skills base," says Lennart Ereback, CEO of Acacia Systemutveckling. Mind has expanded rapidly since the beginning of the year. In addition to Acaciagruppen Mind has acquired the Internet company Corda Consulting AB, Exigo Network Solutions AB and the Norwegian company Adekvat C AS as well as opening two branch offices. "There is a lack of brand strategies and system developers in the Internet sector. The acquisition of Acaciagruppen will enable us to reinforce our organisation with some of the most sought-after personnel categories in the job market. The skills and experience which Acaciagruppen, Adekvat C, Exigo and Corda bring to Mind are incredibly valuable for us. Mind's strategy for 2000 - to focus on acquisitions combined with strong growth - has developed well," says Jörgen Larsson, CEO of Mind. For further information, please contact: Jörgen Larsson, CEO Mind, Phone +46 8 406 64 00 or +46 703 21 18 00 Lennart Ereback, CEO, Acacia Systemdevelopment, Phone +46 8 587 775 59 or +46 708 82 05 59 Pia Santesson, CEO Björk, Phone +46 8 587 775 61 or +46 705 87 10 05 Mind AB is a third-generation internet consultancy company specialising in portals with the aim of developing and strengthening its customers business operations. Mind currently has 370 employees and is represented in Sweden, Norway and France. The companies intends to float itself on the stock exchange in the course of 2000. Acaciagruppen consists of two companies, Acacia and Björk, and offers a unique combination of a wide range of expertise in market communication and system construction to help develop customers' competitiveness. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/02/20000614BIT00160/bit0001.doc http://www.bit.se/bitonline/2000/03/02/20000614BIT00160/bit0002.pdf