Visma acquires Cox Consulting Oy and strengthens the role in the Finnish business intelligence market

Cox Consulting Oy is a Finnish IT consulting company that provides business intelligence consulting to Finnish large customer segment. The company provides consulting services with Qlik solutions as well as profitability analysis consulting using an own product called Basin. Cox has a revenue in 2016 of 1,8 million euros and employs 12 people in Espoo, Finland. During 2017 the company will be merged to Visma Consulting Oy and will continue operating under the Visma brand.

The revenue of Visma Consulting in Finland will be 17,5 million euros in 2016 before the acquisition. It is an important player in the IT consulting market for large companies and public sector customers in Finland. The acquisition further strengthens it’s position in the Finnish market and expands the service offering further in the area of business intelligence solutions.

- Cox Consulting customers, company culture and business model is very similar to Visma Consulting. Their offering complements our current solution portfolio perfectly, says Visma Consulting CEO, Petri Lillberg.

- We have currently 20 business intelligence consultants in our company and after the acquisition our offering expands further. Growing amount of data requires constantly more skills from our customers. Going forward we are in a much a better position to provide our customers with the best and most skilful team in the business intelligence market, he continues

More information:
Petri Lillberg, CEO, Visma Consulting Oy, +358 40 577 7014
Mikko Kontsas, CEO, Cox Consulting Oy, +358 40 580 6786

More information about Visma Consulting
Visma Consulting is an IT consulting company that provides eBusiness, case and document management, CRM solutions, web portals and business intelligence/data warehouse consulting. Target customers of Visma Consulting are the TOP500 companies and the public sector in Finland. The revenue in 2016 will be 17,5 million euros and it employs 170 people in it’s customer projects. It has offices in Helsinki, Tampere and Jyväskylä. For more information please visit: www.vismaconsulting.fi

More information about Cox Consulting
Cox Consulting is an IT consulting company that focuses in management reporting, forecasting and profitability analysis solutions. The company was established in 2002 and employs 12 people in Espoo. The revenue of the company in 2016 is EUR 1,8M.