26 September 2016

ARTHOS advises Data Respons on its acquisition of MicroDoc

Strengthening Data Respons’ position within SW technology, digitising and IoT
Data Respons ASA (Oslo, Norway) acquires 100% of the shares in MicroDoc Computersysteme GmbH, a SW technology company in Germany. The company has more than 50 specialists in SW development, Java and system design as well as SW solutions for IoT, mobile/network infrastructure and embedded applications.

ARTHOS acted as exclusive financial adviser to Data Respons in this transaction. ARTHOS provided full buyside advisory services including evaluating strategic goals to define ideal search criteria, pursue an extensive company screening process, analyzing and approaching more than 30 potential strategic partners, arranging management meetings and driving the subsequent M&A process including co-ordination of the due diligence and contract negotiations.

Kenneth Ragnvaldsen, CEO of the Data Respons group says: “With this acquisition, we strengthen us within several key strategic areas at one time. It gives us a big boost in SW development capabilities, IoT and digitising for the whole group. We get a strong foothold in Germany within R&D Services with further offices in Munich, Berlin and Stuttgart. Last, but not least, it gives us access to a strong customer portfolio in markets such as Automotive, Smart Grid/Smart Home, Banking/Insurance, IoT and Industrial Automation.”

Hans Kamutzki, Managing Director in MicroDoc added: “We are really looking forward to join forces with Data Respons. The company has a great match with MicroDoc’s technology profile and culture. Both companies are developing future technology solutions in close cooperation with its customers. We recruit only the best talents and focus on specialists who are driven by new technology and are used to perform when developing complex solutions. Additionally, by joining forces, we can get access to even more innovative and exciting hi-tech projects.”

Kenneth Ragnvaldsen concludes: “I am so excited to welcome MicroDoc to the Data Respons family. Together, we have the best opportunities to take on new and game-changing assignments to create smarter digital solutions for the future”.

About Data Respons
Data Respons ASA is a full-service, independent technology company and a leading player in the embedded solutions market. The company provides products, services and embedded computer solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as defence, medical equipment, industrial automation, oil services and offshore, transportation, energy and telecommunications. Embedded solutions can be described as the computer brain of a machine, system or industrial end product, and can be used in a broad range of industrial applications. Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part of the information technology index. The company has offices in Norway, Sweden, Denmark, Germany and Taiwan.

About MicroDoc
MicroDoc Computersysteme GmbH is a Munich based software business serving an international customer base. Since 1991 MicroDoc has grown into a technology oriented software engineering and professional services company. The company focus on complex software technology and software infrastructure made it a well respected partner for large corporations and even for other software businesses. MicroDoc has specialized in solving challenging software problems, which require in depth knowledge of end-to-end technology and business scenarios (including mainframe computer, networks, desktops, mobile devices and embedded systems). Operating from three offices in Germany (Munich, Berlin, Stuttgart), MicroDoc serves customers from a variety of business domains: automotive, self-service systems, telecommunication, utilities and financial services mainly. With cutting edge technology solutions, MicroDoc competes on the world wide market for modern integrated IT systems and serves customers in Europe, the USA, South America and Asia.

ARTHOS is an independent M&A advisory firm and specialist for digital media, IT and industrial technologies based in Munich. Since 2003, ARTHOS services customers on the buy- and sell-side regarding the acquisition or disposal of companies and business units worldwide. The partners of ARTHOS so far have successfully closed over 150 M&A transactions. ARTHOS is member of AICA – the global Alliance of International Corporate Advisers.