3 Step IT acquires Norwegian firm ITmove

3 Step IT has acquired ITmove, a Norwegian company located in Ski, for an undisclosed amount.

3 Step IT acquires Norwegian firm ITmove

3Step put the key drivers for the acquisition as the regulatory requirement for Norwegian companies, after the Norwegian government legislated that businesses ensure the deletion of data in several sectors under data protection rules.

Last month 3 Step IT acquired Swedish business TEC Finance and in May Nevtor Oy in Finland.

Carmen Ene, 3 Step IT chief executive officer said: ‘This acquisition is our 3rd since June and is another milestone in our strategy to grow by enabling our clients to move to the new era of computing through comprehensive IT acquisition and IT management solutions.

“For 3 Step IT’s customers, these acquisitions mean that the company can provide them with offerings which include purchasing, installation services, desktop management and asset optimisation, along with environmentally friendly asset renewal services’.

As a result of the acquisitions, the market share of 3 Step IT has grown significantly in the Nordic countries and the company’s headcount has grown from 244 to 360 people.

The acquisition of ITmove, which has a turnover of NOK 15 million (€1.63m) with 10 employees, gives the company an even stronger grip on the Norwegian market.

Peer Velde, managing director of 3 Step IT AS said: “This market is growing rapidly, due primarily to three factors:
1) the desire to retain more capital by dropping large investments in PCs that fall rapidly in value;
2) simpler IT management and better control of the equipment, for example, everything concerning configuration, licences, upgrades etc.; as well as
3) safer and more environmentally-sound disposal of IT equipment.”