Acquisition in Lithuanian IT Sector Held
OREANDA-NEWS. August 11, 2008. Sorainen Vilnius office advised UAB Baltnetos komunikacijos, provider of complex IT and data communication solutions, in acquisition of UAB Norby Networks from Martinson Trigon Venture Partners, reported the press-centre of Sorainen.
UAB Norby Networks was formed recently on the basis of internet service, data communication and telephony unit of former UAB MicroLink Lietuva.
As a result of the acquisition, UAB Baltnetos komunikacijos became the second largest supplier of internet services to corporate clients in Lithuania.
Our team in this project included partner Laimonas Skibarka, senior associate Raminta Karlonaite and specialist counsel Paulius Koverovas.
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