The Swiss ICT service provider Also Holding has acquired the Finnish company Nervogrid. The new company born as a result of the acquisition will be known as Also Cloud Oy.
Nervogrid is a Finnish cloud service company that operates on the global markets offering data security, private cloud storage, applications and services for managing devices. The company was established in 2007 and employs 30 people. Its turnover in 2013 came to approximately EUR 3 million.
Through its acquisition of Nervogrid, Also Holding aims to boost its position in the cloud brokerage markets and to further develop the services. Nervogrid’s core product is the web-based Cloud Control Panel as-a-Service, through which Also plans to build a bridge between resellers and cloud service vendors.
Also Cloud Oy will become a subsidiary of Also Holding. Also Cloud has offices in Finland and in Riga, Latvia. All of Nervogrid’s employees will continue to work for the new company.
Article is published in cooperation with Good News from Finland.
