Comptel takes next steps in executing its strategy by acquiring leading analytics company Xtract
Comptel Corporation is acquiring Xtract Oy, a Finnish software company specialising in advanced analytics, for a total consideration of EUR 3.1 million (enterprise value). Xtract has approximately 20 customers including telecom operators AVEA in Turkey, DNA in Finland, Megafon in Russia and TeliaSonera in Finland as well as insurance company If, retail and media companies. Xtract’s net sales were EUR 2.4 million in 2011. Xtract has 27 highly skilled employees which are mainly based in Espoo, Finland.
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