INVL Technology transferred the shares of Nordic Cyber Security

INVL Technology, a company that invests in IT businesses, transferred the shares of Finnish company Nordic Cyber Security Oy, that manages 77.35 percent of Deltagon Group Oy shares, for EUR 5.25 million. Finnish state-owned enterprise Suomen Erillisverkot (State Security Networks Ltd) paid EUR 5.25 million for 100 percent of Nordic Cyber Security shares.
 
The deal was closed on 7 December 2017. It will have no significant influence on the results of INVL Technology.
 
To date INVL Technology has invested in the Norwegian company Norway Registers Development AS with subsidiaries NRD UAB and Etronika UAB in Lithuania, Norway Registers Development East Africa Ltd in Tanzania, Norway Registers Development Rwanda Ltd in Rwanda, NRD Bangladesh Ltd in Bangladesh, and the associated company Infobank Uganda Ltd in Uganda. It has also invested in BAIP UAB with its subsidiary Acena UAB as well as NRD CS UAB and Algoritmu Sistemos UAB, all in Lithuania, Estonia’s Andmevara AS with its subsidiary Andmevara SRL in Moldova.

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