Tieto Corporation Stock Exchange Release 30 November 2015 10.30 EET
Tieto has acquired Imano AB, a Swedish consulting company offering consulting
services and helping its clients in the paper and forest industries digitalize
their business processes. The company has approximately 50 employees in Sweden
and its revenue in 2014 was EUR 7.1 million (SEK 66 million).

Tieto is currently the global leader in providing production and production
planning systems, based on its own software, and one of the leading companies
offering IT services to the pulp and paper industry in the Nordics. The
acquisition supports Tieto’s objective of becoming the largest IT services
provider in the paper and forest industries in Sweden and Norway.

“Tieto has 40 years of experience working in the intersection of technology and
business in the paper and forest industry. This acquisition complements our
competence portfolio especially in the fibre sourcing business and enables us to
expand our end-to-end solutions for the forest value chain from woods to end
-user goods. The new consultancy capability provided by Imano will also open our
business to new potential clients in Sweden and Norway,” says Henrik Reims, Head
of Forest Industry at Tieto.

“Imano is the leading consulting company in fibre sourcing in Sweden. By
combining our deep industry expertise with Tieto’s global delivery and full
stack of IT services, we can seize this great opportunity to continue to grow
and offer customers new exciting solutions,” says Christer Lindqvist, Managing
Director of Imano AB.

The business operations and personnel of Imano have been transferred to Tieto
immediately. The parties have agreed not to disclose the financial terms of the

For more information, please contact:
Henrik Reims, Vice President, Head of Forest Industry, Tieto, mobile: +358
40 515 5719, Henrik.reims (at) tieto.com
Christer Lindqvist, Managing Director, Imano AB, tel: +46 70 255 5523,
christer.lindqvist (at) imano.se

Tanja Lounevirta, Head of Investor Relations, tel. +358 50 321 7510,
tanja.lounevirta (at) tieto.com


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Tieto is the largest IT services company in the Nordics providing full lifecycle
IT services. We also provide global product development services for companies
in the communications and embedded technologies arena. Through industry insight,
technology vision, and innovative thinking, Tieto proactively strives to inspire
and engage our customers in finding new ways of accelerating their business.

Building on a strong Nordic heritage, Tieto combines global capabilities with
local presence. Headquartered in Helsinki, Finland, Tieto has over 13 000
experts in more than 20 countries. Turnover is approximately EUR 1.5 billion.
Tieto’s shares are listed on NASDAQ in Helsinki and Stockholm. www.tieto.com