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Elisa buys the majority of Oulu based Videra - 25.05.2010
Elisa becomes market leader in interactive communication services in the Nordic countries with the acquisition of Videra Ltd.

In accordance with its strategy, Elisa is strengthening its position as an ICT player by acquiring a majority holding in Videra, the leading video conference company in the Nordic countries. Video and interactive communication is the next big step in improving customers’ profitability by means of new technology. The combination of two strong players’ expertise creates opportunities for utilising interactive communication solutions in, for instance, customer service in a new way in both the private and the public sector.

The market of virtual work and video conferencing will grow significantly in the next few years when both the private and the public sector introduce new ways of working and providing customer service using video and interactive communication services. The services enable growth in competitiveness and productivity.

'For years now, Elisa has invested heavily in the supply of ICT services that improve profitabilityand introduced new video and interactive communication services to support its customers’ business. Videra’s and Elisa’s expertise and service range improve our ability to offer our customers even more comprehensive and varied communication solutions to enhance the efficiency of global business as well,' says Pasi Mäenpää, director of Elisa’s Corporate Customers unit.

'When Videra’s solutions are combined with Elisa’s current interaction services, multi-faceted service platforms, and ICT and network expertise, we take a big step forward in integrating communication,' explains Harri Martinmäki, Videra’s managing director.

Videra’s is becoming part the Elisa Group through an arrangement where Elisa’s holding in Videra Oy will 64.7%. Videra will continue its operations as Elisa’s subsidiary.

Additional information:
Pasi Mäenpää, Director, Corporate Customers, Elisa Corporation, tel. +358 (0)10 262 2091, first.last[at]elisa.fi

Harri Martinmäki, managing director, Videra Oy, tel. +358 (0)424 676 210, first.last[at]videra.com

Source: www.videra.fi
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