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We acted as Viria’s legal advisor in its acquisition of Spellpoint Oy

  • Finland

    25-02-2019

    We acted as a legal advisor in a corporate acquisition where Viria, a provider of information and security technology, acquired 100% of Spellpoint Group Oy’s share capital from its private shareholders. Spellpoint Group Ltd is the sole owner of Spellpoint Oy, which specialises in providing identity and access management services. Viria offers its clients comprehensive security, providing protection against threats from both networks and the physical world. The acquisition of Spellpoint complements Viria’s range of services and strengthens its total security offering in the key area of cyber security.

     

    Viria is a leading expert in digital and physical security, data management and digital services. Viria Group comprises of the parent company Viria Plc and its subsidiaries Viria Security Ltd, Aurelios Oy, Bitfactor Oy, Hibox Systems Oy, Tansec Oy and Spellpoint Oy. In 2017, Viria’s turnover was EUR 88 million and its personnel totalled approximately 660.

    Spellpoint secures digitalisation with a focus on IAM services. Spellpoint’s clients include several well-known Finnish listed companies and public administration organisations. In 2018, Spellpoint had a turnover of about EUR 3 million and personnel of 26.

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    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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