News

Company owned by INVL Technology acquires Norway’s Zissor

INVL Technology, a company that invests in IT businesses, for 5.918 million Norwegian kroner (EUR 0.62 million) has acquired the Norwegian company Zissor, which provides media monitoring and digitization software development and services. The transaction was completed on 10 April this year through the company Novian, which is owned by INVL Technology. Following the transaction, Novian holds 100 percent of the shares in Zissor.

INVL Technology‘s equity grew 17.7 percent during 2018 to EUR 28 million

INVL Technology, a company that invests in IT businesses, published its audited results for 2018. They show the company’s equity at the end of 2018 was EUR 28 million, or EUR 2.3 per share, and increased 17.7 percent during the year. At the end of 2017, INVL Technology had equity of EUR 23.8 million, or EUR 1.96 per share.

INVL Technology earns 2018 net profit of EUR 4.3 million

INVL Technology, a company that invests in IT businesses, according to preliminary unaudited data, had equity of EUR 28.1 million at the end of 2018, or EUR 2.31 per share. Equity per share increased by almost 18 per cent during the year.

In 9 months businesses INVL Technology owns announced EUR 1.3 million of dividends

INVL Technology, a company that invests in IT businesses, had equity of EUR 23.915 million, or EUR 1.96 per share, at the end of the third quarter this year. Equity per share was up 0.4% from the start of the year. During the third quarter the company’s equity grew by EUR 409 000 and its net asset value per share rose by 1.74%.

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.

Access to African and Asian markets enables INVL Technology’s businesses to globalise operations

The equity capital of INVL Technology, a company that invests in IT businesses, was EUR 19.26 million, or EUR 1.58 per share, at the end of the first quarter of this year. The latter figure decreased 2.4 per cent from the start of the year. The company’s investments totalled EUR 17.9 million at the end of March 2017: the value of investments in business holdings was EUR 16.33 million, while the value of the short-term bonds from BAIP UAB in which INVL Technology invested to ensure the participation of INVL Technology group companies in a foreign tender, including accumulated interest, was EUR 1.57 million.

Vilnius Gates to become a technology business hub

The Vilnius Gates complex on Gynėjų Street in the Lithuanian capital will by early 2018 become a base for eight information technology businesses. In the middle of this year, several INVL Technology...