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Wireless

Enea buys Aptilo for SEK 92 mln, sees boost to EPS in 2021

Thursday 1 October 2020 | 15:18 CET | News
Enea has announced the acquisition of Aptilo, a provider of policy and access services for carrier Wi-Fi and the Internet of Things (IoT) based in Stockholm. The total consideration is SEK 92 million, which corresponds to an enterprise value of SEK 150 million on a cash and debt-free basis. The acquisition will be financed through cash and a bank loan and is expected to be EPS-accretive in 2021.

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Categories: Mobile & Wireless / Mobile & Wireless
Companies: Aptilo Networks / Enea
Countries: Sweden / World
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