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Evatic acquires Tesseract

Evatic acquires Tesseract

Evatic, a leading software vendor within Service Management, has acquired Cranbox Ltd in the UK. Cranbox Ltd. is the owner of the Tesseract service management software product trading under the name Tesseract. Together Evatic and Tesseract will complement each other’s product portfolio and strengthen the product offering within the service management field in the market. Tesseract has its main office in High Wycombe just outside London and an US office in Reston, Virginia. “We are extremely happy to add Tesseract to our product family” says Pål M. Rødseth, CEO of Evatic. “We have known Colin and his team for years and we believe that the two organizations will complement each other both when it comes to products, industries and geographies. The Tesseract solution with a cloud based platform will make a great addition to the Evatic software suite.” “I believe that Tesseract is in the best hands going forward”, says Colin Brown, founder and CEO of Tesseract. “With more than 150 customers in a wide range of industries, there is very little overlap with Evatic both when it comes to customer industries and geographies, and I am confident that the product and the customers will continue to thrive under the Evatic ownership”. Evatic is a leading European service management software company with head office in Trondheim, Norway and offices in Sweden, Germany, France, Poland and Singapore. With a global reach and more than300 customers in 30+ countries Evatic offers a brand product suite for companies that need to make their services profitable. Evatic is a private company owned by the founders and Viking Venture.   For further information, please...
poLight establishes competence centre in Finland

poLight establishes competence centre in Finland

poLight continues to expand and has established a competence centre in Tampere, Finland. The new unit will be based on senior resources from the former Nokia/Microsoft imaging team. The competence centre will allow poLight to better support customers in implementing the poLight technology, and to further strengthen the company ́s ability to build system solution around its proprietary TLens® technology. poLight are currently in the process of ramping-up production of its first product TLens® Silver. This will represent a new and unique way of realising autofocus for smartphone cameras having several benefits for end-users, camera module manufactures and smartphone vendors. poLight is in dialogue with several potential customers, and numerous projects to qualify the company’s technology are ongoing. “The new competence centre is a strategic important move for poLight. We bring onboard unique competence which will increase our relevance and ease our market entrance. Furthermore, it will secure that we take important steps in bringing new innovative solutions to the market”, says Pierre Craen, CTO of poLight. poLight offers the fastest autofocus lens for mobile phone cameras. The company’s patented technology has several advantages over the currently used technology, Voice Coil Motor (VCM). Combined with advanced image processing, poLight’s autofocus lens enables new applications, such as “Instant FocusTM” – which provides instant focus of the image, “All in FocusTM” – which enables focus on all objects in the image, including objects both close to and far from the camera, as well as the opportunity to refocus the image post-capture. Further TLens will be an important component in the realization of high performance future dual camera systems. All this and...
Invesdor and Signicat create history with InsurTech equity crowdfunding offering

Invesdor and Signicat create history with InsurTech equity crowdfunding offering

Norwegian FinTech company, Cloud Solutions which develops Cloud Insurance a software-as-a-service for the insurance industry, has become the first ever Norwegian equity crowdfunding success using Finland-based Invesdor’s crowdfunding platform. Cloud Solutions saw its equity offering oversubscribed, raising almost twice its original target. The success of the equity offering hinged on opening up access to investors across the Nordics. This was made possible by another Norwegian company, Signicat, the first and largest identity assurance provider in the world. Organizations typically use Signicat’s services for customer on-boarding and authentication as well as digital signatures. In order to participate, equity crowdfunding legislation stipulates that investors are subjected to know your customer (KYC) verification, among other checks, including the submission of physical documentation such as passports. This creates a challenge for companies looking to raise funds from investors in multiple markets. Invesdor’s partnership with Signicat meant that Norwegian, Swedish, Danish and Finnish investors could participate in the funding round using eIDs such as BankID, NemID, banking credentials and mobile certificates issued in each country. “The result speaks for itself: oversubscription and an investor group that matches our company very well,” said Axel Sjøstedt, CEO at Cloud Solutions. “We want to offer businesses and investors a user-friendly and secure service for organizing cross-border funding rounds easily, and authenticating investors and entrepreneurs is a big part of that,” said Lasse Mäkelä, CEO at Invesdor. “However, authentication services are not our core business, so we wanted an experienced partner who could offer authentication services that investors in our target markets are familiar with. Signicat worked well for Cloud Solutions’ equity offering, as it has for dozens...
Skooler awarded “Newcomer of the year” by Microsoft

Skooler awarded “Newcomer of the year” by Microsoft

Skooler, a Learning Management Systems provider, was awarded “Newcomer of the Year” at Microsoft Norways Kickoff 2016. Skooler works closely with Microsoft as a business partner and represents the new generation Learning Management Systems. The Skooler LMS platform works seamlessly with the Microsoft Office 365 platform. The award was presented by Ms Linn Drivdal Mellbye, Partner Business & Development Lead at Microsoft Norway. Skooler is a Viking Venture portfolio company. More info at www.skooler.com....
ZiLift demonstrates no rig pump deployment

ZiLift demonstrates no rig pump deployment

Zilift Ltd, have successfully demonstrated cable deployment of their SpeedDrive technologies on cable and without the need for conventional rig services.  Using a conventional winch and pressure control equipment (including BoP, lubricator and stuffing box), a SpeedDrive 2625 pump assembly was run into a test facility well in Oklahoma demonstrating the live-well deployment capability of the system. A wireline deployed, retrievable packer in the tubing string was used to land out the pump system and the repeatability of the ability to latch and unlatch the system verified.  Whilst unlatched the system was suspended in the BoP rams and the lubricator removed, demonstrating the capability to install a hanger termination in order to permanently install the equipment. Mike Rushby, Manager of the SpeedDrive Business Unit said: “This trial is a significant step forward in Zilift’s capability to deliver through tubing cable deployed ESP technologies without the need for a rig at any point – something the industry has been seeking for decades.” Zilift, a fully independent company, was established in May 2009 exclusively to develop and market permanent magnet technologies that will form the next generation of artificial lift for the oil and gas industry. ZiLift is a Viking Venture II portfolio company. More info on www.zilift.com...