Elisa buys Monica Networks activities

Monday 20 March 2017 | 16:33 CET | News

Mobile operator Elisa has signed an agreement with ITC solutions provider Santa Monica Networks (SMN). Elisa will acquire the activities of SMN in Finland and Estonia. Company Livonia Partners will buy the activities of SMN in Latvia and Lithuania. The deal will be worth EUR 28 million for Elisa. Livonia Partners has not disclosed the worth of its acquisition contract.

SMN focuses on protecting network solutions and data centres activities.

SMN revenues totaled EUR 44 million in 2016.  

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