Innofactor
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| Company type | Julkinen osakeyhtiö (Public company) |
|---|---|
| Industry | Computer software |
| Founded | Espoo 1983 (current business launched 2000) |
| Headquarters | Espoo, Finland |
Area served | Worldwide |
Key people | Sami Ensio (CEO) |
 77.6 million euros (2024)[1] | |
| 3.4 million € (2024)[1] | |
Number of employees | 571 (2024)[1] |
| Website | http://www.innofactor.com |
Innofactor Plc is a Finnish software provider focused on Microsoft solutions in the Nordic Countries. Innofactor delivers to its customers IT projects as a system integrator and develops its own software products and services. The focus area in its own product development is Microsoft Azure based cloud solutions. Innofactor's customers include over 1,000 companies and government organizations in Finland, Denmark and elsewhere in Europe.
History
[edit]Innofactor was founded in 1983. In its current form it has existed since January 1, 2000.
On December 3, 2010, Innofactor Ltd and Westend ICT Plc signed an agreement to merge as Innofactor Plc. Innofactor was registered in the Trade Register on January 5, 2011, and its stock symbol in the Helsinki Stock Exchange became IFA1V on January 7, 2011.
In June 2012 Innofactor signed a contract to acquire the entire share capital of Bridgeconsulting A/S from its management. Bridgeconsulting is a Danish IT services company focusing on producing business intelligence solutions based on Microsoft technology.[2]
In November 2012 Innofactor acquired Project- and Project Portfolio Management Solutions Business from Tietotalo Infocenter.[3]
In June 2013 Innofactor acquired the entire share capital of the Finnish company atBusiness Oy. Along with Innofactor, atBusiness is one of Finland's leading providers of Microsoft technology solutions to commercial and public sector clients.[4]
In September 2013 Innofactor acquired Dynamic Team (company name Lainetar Oy, based in Tampere, Finland) and its business in order to strengthen its offering in the Microsoft Dynamics AX business area.[5]
In December 2013 Innofactor signed a contract to acquire the entire share capital of Enabling Group.[6]
In July 2024, Onni Bidco Oy made a public cash tender offer for the shares of Innofactor. Among the founders of Onni Bidco were, among others, CapMan Growth and Innofactor’s major owner Sami Ensio[7]. As a result of the transaction, Innofactor was delisted from the stock exchange in April 2025[8].
Organization
[edit]The headquarters is in Keilaniemi, Espoo. Other offices in Finland are located in Tampere, Turku, Kuopio, Kajaani, Lappeenranta, Jyväskylä and Oulu. Sweden office is located in Stockholm and Denmark office in Copenhagen. In Norway, there are offices in Oslo, Trondheim, Bergen, and Stavanger.[9]
References
[edit]- ^ a b c "Innofactor Annual Report 2024" (PDF). www.innofactor.com. Innofactor. Retrieved 2025-05-30.
- ^ Innofactor to acquire Danish Bridgeconsulting A/S
- ^ Innofactor Acquires Project- and Project Portfolio Management Solutions Business from Tietotalo Infocenter
- ^ Innofactor and atBusiness to merge - Innofactor nearly doubles its size
- ^ Innofactor strengthens its ERP offering
- ^ Innofactor acquires Enabling Group in Denmark
- ^ Mustonen, Antti (2024-07-22). "Innofactorista tehtiin ostotarjous". Tärkeimmät talousuutiset | Kauppalehti (in Finnish). Retrieved 2025-05-30.
- ^ Arjanmaa, Saku (2025-04-25). "Innofactorin osakkeet poistuvat pörssistä tänään". Tärkeimmät talousuutiset | Kauppalehti (in Finnish). Retrieved 2025-05-30.
- ^ "Contact Us". Innofactor. Retrieved 2025-05-30.
