Scienta and Agitec join the NoA family

NoA strengthens their technology expertise further by acquiring of Norway's most experienced tech companies. Scienta and Agitec have a total of 60 employees and the companies already work closely with NoA and several customers.

Scienta brings one of Norway's most advanced tech environments and in-depth Java, IT architecture and consulting skills. The company is highly regarded in both Norway and abroad.

Scienta consists of highly experienced system developers and project managers who deliver cross-functional IT expertise. "We are proud that these companies see NoA as the perfect partner for growth and development" says Thomas Høgebøl. "Together, we can offer Norway's strongest environment for technology-based value creation."

Both Scienta and Agitec have solid portfolios with major clients in the public and private sectors, including Skatteetaten (Norway's tax office), Posten (the Norwegian postal service), TietoEvry, Telenor, and NAV. "Our IT expertise gives our customers a competitive advantage. The NoA companies provide access to complementary skills. This helps us understand our customers even better, and we can offer valuable advice and solutions through the entire journey. We want to further strengthen our customers' competitive advantage and differentiate both them and us from the rest of the market", says Kjell Nybråten, general Scienta.

According to McKinsey's Report 2020 (refer to Gartner Enterprise IT Spend report 2019), the market for digital services is valued at NOK 60 billion in the Nordic region alone. With Scienta and Agitec on the team, NoA is in a position to increase their market share.

"NoA focuses specifically on helping our customers grow through customer orientation. One of the things that makes NoA unique is that we work holistically and build bridges between established silos. We contribute our expertise throughout the value chain. We build efficient and modern value chains, which form the foundation for profitable and socially responsible products, services and companies. "When Scienta and Agitec join the NoA family, we can offer even more of the most skilled and most experienced tech specialists. Broader technology expertise will make us an even more important partner for our customers", says Thomas Høgebl, chairman of the board and founder of NoA.

The parties do not want to comment on the price of the transaction, but comfirm that it consists of cash and NoA shares.

Fact boxes:

Scienta is a leading IT consulting company that focuses on improving their customers' ability to develop long-lasting digital services. They offer:

• Expertise and development in all phases of customer-driven IT projects.

• Rescue Team - the company is often brought in to rescue projects where other suppliers struggle. This is done collaboration with the customer.

• High Performing Teams - highly efficient agile teams that strengthen their customers' staff force and organisation.

• Quality assurance and advice during every phase of large digitization projects.

The company is a respected employer that attracts software architects and developers with high competence and professional integrity. The company has a turnover of approximately NOK 150 million.

Agitec is a senior IT consultancy that delivers cross-functional IT expertise and solves complex issues for their customers. They offer:

• Senior project management for customer-driven projects.

• Expertise and development within IT architecture and software development.

• IT consulting and product ownership.

Agitec attracts experienced software architects and developers with high competence and professional integrity. The company has a turnover of approximately NOK 40 million.