ePassi gathers all employee benefits in one mobile application
 ePassi gathers all employee benefits into one mobile application. Image: Screenshot/ePassi

DAILY BRIEF: Cross-industry acquisitions, finance and robotics education

All the daily Finnish business news that works: GameRefinery, FA Solutions, ePassi, MyInfomonitor, Smartvatten and high-tech education make headlines.

Rasmus Hetemäki


GameRefinery, MyInfomonitor and Smartvatten are acquired, FA Solutions provides global financial technology services to CIGP, ePassi strengthens its presence in the Nordics, and Pia Engström argues for early robotics education. Click on the headlines for more in-depth information about each piece of news.

GameRefinery joins Vungle

GameRefinery's CEO Markus Råmark

Finnish SAAS mobile gaming analytics firm GameRefinery has been acquired by Vungle, a US-based mobile advertising platform. Used by the likes of King, Rovio, Ubisoft and Zynga, GameRefinery’s Game Intelligence platform provides developers with retention and monetisation insights through its cloud-based developer tools. The deal will improve Vungle’s ad targeting capabilities with the help of GameRefinery’s deep contextual data sets across more than 160,000 gaming apps. Image: GameRefinery

FA Solutions partners with CIGP

Skyscrapers seen from the street

Helsinki-based FA Solutions has been chosen to streamline the global operations and consolidate the multi-country systems of independent financial advisory firm CIGP. CIGP is headquartered in Switzerland but operates from three regional hubs, with offices in five important financial centres globally, namely Geneva, Hong Kong, London, Dubai and Milan. FA Solutions’ wealth management solution, which has been deployed across all the regulated jurisdictions, gives CIGP’s clients access to markets across asset classes through countless strategies. Image: Unsplash

ePassi doubles down in Nordics

Three company executives standing together

ePassi Payments is acquiring Sodexo Benefits & Rewards Services’ (BRS) business in the Nordics, including Sodexo Pass Sweden and Finnish company Eazybreak. The acquisitions will cement ePassi’s position as a leading mobile payment solution for employee benefits in the region, pushing the Finnish company closer to a user base of 1.5 million. Image: ePassi

MyInfomonitor to merge with Qbim

Man sitting by computer screens and working with MyInfomonitor software

Sweden-based SpectrumOne has acquired Cemron, also known as MyInfomonitor, for the purpose of merging the Finnish software-as-a-service (SAAS) company with its subsidiary Qbim. The purchase price of 11 million Swedish krona (approx. 1.08 million euros) will be paid in shares in SpectrumOne. MyInfomator helps to make decision-making easier for companies by presenting information visually and in real-time. Image: MyInfomonitor/Facebook

Norvestor invests in Smartvatten

Hand holding a tablet with Smartvatten software on the screen

Nordic private equity firm Norvestor is acquiring Envera, the Finnish company behind the Smartvatten solution that provides real-time monitoring and reporting of water consumption in buildings. The solution provides water and cost savings to property owners and housing companies and reduces the risk of water damage with immediate alerts of detected leaks. Smartvatten is currently used to monitor more than 7 000 buildings primarily in Finland, Sweden, Norway and the Benelux countries. Image: Smartvatten

Opinion: Robotics education should be compulsory for all

Two young students work on a robotics model

In her opinion piece for GNF, Pia Engström from the Robotics Campus in Riihimäki discusses the importance of teaching children the basics of programming, artificial intelligence (AI) and robotics already at an early age. Read what she has to say by clicking the headline. Image: City of Riihimäki

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