Axxessit Overview

  • Year Founded
  • 1976

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $48.2M

Axxessit General Information

Description

Manufacturer of mobile phones and other telecommunications equipment. The company manufactures and sells metro optical transport equipment, ethernet equipment and mobile phones.

Contact Information

Website
www.axxessit.no
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • Post Box 1053
  • 1787 Berg I Ostfold
  • Norway
Primary Industry
Fiberoptic Equipment
Other Industries
Other Communications and Networking
Wireless Communications Equipment
Acquirer
Ericsson
Vertical(s)
Corporate Office
  • Post Box 1053
  • 1787 Berg I Ostfold
  • Norway

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Axxessit Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 13-Sep-2005 $48.2M Completed Profitable
3. PIPE 20-Sep-2004 Completed Profitable
2. IPO 04-Jun-2004 $11.7M Completed Generating Revenue
1. Later Stage VC 02-Jun-2004 $11.7M $11.7M Completed Generating Revenue
To view Axxessit’s complete valuation and funding history, request access »

Axxessit Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
Convexa Venture Capital Minority
Ferd Family Office Minority
Icon Capital PE/Buyout
NorgesInvestor Asset Manager Minority
To view Axxessit’s complete investors history, request access »

Axxessit FAQs

  • When was Axxessit founded?

    Axxessit was founded in 1976.

  • Where is Axxessit headquartered?

    Axxessit is headquartered in Berg I Ostfold, Norway.

  • What industry is Axxessit in?

    Axxessit’s primary industry is Fiberoptic Equipment.

  • Is Axxessit a private or public company?

    Axxessit is a Private company.

  • What is the current valuation of Axxessit?

    The current valuation of Axxessit is .

  • What is Axxessit’s current revenue?

    The current revenue for Axxessit is .

  • How much funding has Axxessit raised over time?

    Axxessit has raised $11.7M.

  • Who are Axxessit’s investors?

    Convexa, Ferd, Icon Capital, and NorgesInvestor have invested in Axxessit.

  • When was Axxessit acquired?

    Axxessit was acquired on 13-Sep-2005.

  • Who acquired Axxessit?

    Axxessit was acquired by Ericsson.

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