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Tieto

Tieto
1968 FOUNDED
PUBLIC STATUS
15K-20K EMPLOYEES
TIETO STOCK SYMBOL
101 INVESTMENTS
$26.01 SHARE PRICE (As of Friday Closing)
Description

Tieto Corp is a software and services company providing full lifecycle information technology (IT) as well as product development services. Its service lines include managed services, which consists of IT infrastructure, cloud, business application platform services, and end-user services. The company's consulting and system integration operations are engaged in IT and industry consulting, digital customer experience management solutions, system and services integration, and application services. Its products include industry-specific software products and solutions.

Website
Formerly Known As
Tietotehdas, TietoEnator
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
IT Consulting and Outsourcing
Other Industries
BPO/Outsource Services
Systems and Information Management
Stock Exchange
HEL
Primary Office
  • Keilalahdentie 2-4
  • 02150 Espoo
  • Finland

+358 020 00000
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Tieto Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$25.79 - $33.44 $1.92B $26.92 $1.89 113K 73.9M

Tieto Financials Summary

In Thousands,
USD
TTM
31-Mar-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 2,417,307 2,226,058 2,480,610 2,180,085
Revenue 1,853,996 1,887,516 1,740,592 1,651,033
EBITDA 257,348 251,118 217,095 213,154
Net Income 139,383 145,384 121,460 118,579
Total Assets 1,585,904 1,369,938 1,379,538 1,130,053
Total Debt 518,041 347,747 284,449 181,313
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Tieto Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Tieto Competitors (24)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Hexaware Technologies Corporation Mumbai, India 00000 000.00 00000000000
000000000 00000000 Venture Capital-Backed Thane, India 0000 000.00 00000000000 000.00
000000000 00000000 Corporation Teaneck, NJ 000000 00.000 000000000000 00.000
00000 00000 Private Equity-Backed Oslo, Norway 0000 00000 00000000000 00000
0000000000 000000 Private Equity-Backed Pittsford, NY 00000 000.00 000000000 000.00
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Tieto Investments & Acquisitions (101)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 18-Jun-2019 000000000000000000 00.00 Systems and Information Management 00000 00000
00000000 (000000) 05-Nov-2018 000000000000000000 IT Consulting and Outsourcing 000000 00000000000
0000000 00000 (000 21-Sep-2018 000000000 00000 00 Network Management Software
00000 000000 19-Apr-2018 000000000000000000 IT Consulting and Outsourcing 000000 00000
Petrostreamz 21-Feb-2018 Merger/Acquisition 00.000 Other Software 00000 00000
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Tieto Exits (9)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 0000000000 22-Aug-2006 0000000000 00.00 Completed
  • 2 buyers
000000000 0000000 02-Nov-2005 00000 0000000 Completed
  • 2 buyers
00 000000 00000000 01-Jan-2005 00000 0000000 Completed
  • 2 buyers
000000 31-Dec-2003 000000000000000000 Completed
  • 00000
Eurocon MOPSsys 05-Sep-2003 Merger/Acquisition Completed
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Tieto Subsidiaries (11)

Company Name Industry Location Founded
VisueCare Managed Care Kista, Sweden 2014
000000000000 Other Software Ranheim, Norway 0000
00000000 (000000) IT Consulting and Outsourcing Kalmar, Sweden 0000
00000 00000 IT Consulting and Outsourcing Stockholm, Sweden 0000
00000 000000 IT Consulting and Outsourcing Stockholm, Sweden 0000
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Tieto Executive Team (61)

Name Title Board
Seat
Contact
Info
Kimmo Alkio President & Chief Executive Officer
Janne Salminen Acting Chief Financial Officer
Pekka Liutu Managing Director
Anna Brodd Strategic Partner Manager
Harri Ovaska Vice President & Director - Production & Logistics

34 Former Executives

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Tieto Board Members (3)

Name Representing Role Since Contact
Info
00000-00000 00000000 Self Board Member 000 0000
0000000 00000000 Self Board Member 000 0000
00000 00000 Self Chairman & Board Member 000 0000