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News
Ship Equip buys 51% of Exectiva
(Feb 8 2010)
Ship Equip has acquired a majority 51 per cent stake in consulting company Exectiva from its two owners, Stig Even Larsen and Lennart Utgård.
The company will become part of the Ship Equip Group while a long term consulting agreement is agreed between the two companies.
Exectiva works in the development and support of IP telephone systems, with experience in broadband deployment, telecom and programming. The companies say that the new team will work closely with the R&D department at Ship Equip on a number of different projects.
"With their long time background in development and maintenance of IP based telephony systems the Exectiva consultants are a good match with the current and future needs of Ship Equip," said Ship Equip CEO, Ivar Nesset.
"We saw that they would be able to contribute and found it right to invest in the company."
Following the acquisition Mr Nesset will become the new chairman of the Exectiva board and Morten Qvigstad (Ship Equip CTO) will become a new board member.
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