
IBM and Ledstiernan enter into alliance
Johan Wachtmeister, president of Ledstiernan, comments: “IBM is a prominent industrial player with long experience of IT and mobile technology. As a partner with valuable experience and a network of contacts, IBM can generate added value for us and our portfolio companies in our relations with our existing and prospective customers and partners.â€
The agreement has already resulted in several of Ledstiernan’s portfolio companies entering into business arrangements with IBM. An example is Ambio, which is collaborating with IBM, AU-System and other suppliers, to develop the Focuz system, Ambio’s mobile solution for property companies.
Torbjörn Chami, Nordic region manager at IBM Net Generation, comments: “The alliance with Ledstiernan fits in with our global strategy, which involves selecting a small number of venture capital companies in the Nordic region as a means of gaining access to new, creative technologies and solutions that can strengthen and extend IBM’s product offering. Together with Ledstiernan’s portfolio companies we can develop comprehensive solutions for existing and new customers and market segments.â€
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater