WM-data was a

Swedish Swedish or ' may refer to: Anything from or related to Sweden, a country in Northern Europe. Or, specifically: * Swedish language, a North Germanic language spoken primarily in Sweden and Finland ** Swedish alphabet, the official alphabet used by ...

IT consultancy company based in

Stockholm Stockholm (; ) is the Capital city, capital and List of urban areas in Sweden by population, most populous city of Sweden, as well as the List of urban areas in the Nordic countries, largest urban area in the Nordic countries. Approximately ...

, and was completely incorporated by

Logica Logica plc was a Multinational corporation, multinational information technology, IT and Management consulting, management consultancy company headquartered in London and later Reading, Berkshire, Reading, United Kingdom. Founded in 1969, the c ...

on 27 February 2008. The company was quoted on the

Stockholm Stock Exchange Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange (), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total ...

(SSE) as a member of the ''A-list'', but after LogicaCMG's acquisition, WM-data was dequoted. The company was active in the

Nordic countries The Nordic countries (also known as the Nordics or ''Norden''; ) are a geographical and cultural region in Northern Europe, as well as the Arctic Ocean, Arctic and Atlantic Ocean, North Atlantic oceans. It includes the sovereign states of Denm ...

, including

Sweden Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic count ...

Norway Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of ...

Denmark Denmark is a Nordic countries, Nordic country in Northern Europe. It is the metropole and most populous constituent of the Kingdom of Denmark,, . also known as the Danish Realm, a constitutionally unitary state that includes the Autonomous a ...

and

Finland Finland, officially the Republic of Finland, is a Nordic country in Northern Europe. It borders Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland to the south, ...

, and had around 9,000 employees. There were local offices in

Estonia Estonia, officially the Republic of Estonia, is a country in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the Baltic Sea across from Sweden, to the south by Latvia, and to the east by Ru ...

and

Poland Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...

as well, which are now Logica offices. In 2005, it realised a turnover of 10 billion SEK (1.4 billion

USD The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it int ...

; 1.1 billion

EUR The euro (symbol: €; currency code: EUR) is the official currency of 20 of the member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 10 ...

History

WM-data was founded by Thord Wilkne and Hans Mellström (the W and M in the company's name) in 1969 in Stockholm, Sweden. In 2008 the company was one of Sweden's leading IT companies and had regional offices in numerous cities located in the Nordic countries. The company offered overall solutions in IT related areas. It was divided into three branches:

brand A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and ...

ing, specialist and

infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and pri ...

, where its main areas were the secondary sector of industry, commerce and logistics, bank, finance and insurance, telecommunications, public sector, medicine and health care, and utility. The company was acquired by Logica PLC in 2006.

Market

Its main market was the Nordic countries and its main customers were large companies and organisations. The Swedish branch stood for around 65% of the turnover, Denmark 15%, Norway and Finland around 10% each.

Acquisitions

In May 2005, WM-data acquired Atos Origin's operations in Sweden and Norway for approximately 1.33 billion SEK. The parties also agreed to an Enterprise Alliance Agreement to strengthen future cooperations. In August 2006, United Kingdom, British LogicaCMG announced their offer to acquire WM-data's entire share capital. Later, in October, WM-data became a subsidiary of LogicaCMG after 85% of the shareholders agreed to sell their shares. At the time the Nordic region compromised 23% of the group's turnover and was the largest geographic area.

References

Notes

Web pages

* * {{Authority control Information technology companies of Sweden Technology companies established in 1969 Swedish companies established in 1969 1960s establishments in Stockholm