ALSO Holding AG has concluded a purchase contract for the acquisition of Nervogrid Oy, Helsinki, Finland. The company is active in the cloud computing sector and is specialized in the development of Cloud Brokerage Enablement platforms.
The core element, the web-based Cloud Control Panel as a Service technology, enables customers and partners of ALSO to offer various IT services, such as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), autonomously and in simple steps.
From identifying the right acquirer and positioning our company to get their attention, to completing due diligence, Corum managed the M&A process carefully yet aggressively to get a deal done. Corum was there for us throughout this entire process and I wouldn't consider any M&A activity in the future without first seeking their assistance.