Sigma AB: Difference between revisions
added a specific post 2001 activity; added info about acquisition of a domestic competitor; added some noteworthy business transactions |
History section + Sony acquisition |
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| num_employees = 5000 (August 2022) |
| num_employees = 5000 (August 2022) |
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| website = {{URL|www.sigma.se}} |
| website = {{URL|www.sigma.se}} |
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}}'''Sigma AB''' (or Sigma Group) is a group of companies carrying out consultancy operations within IT, information logistics, engineering services, technical R&D, industry and social structure |
}}'''Sigma AB''' (or Sigma Group) is a group of companies carrying out consultancy operations within IT, information logistics, engineering services, technical R&D, industry and social structure. |
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Sigma AB offers its services through the business areas Sigma Technology, Sigma Connectivity, Sigma Industry, Sigma Civil and [[Sigma Software]], within which Sigma AB provides group management and manages the overall Sigma brand. It was listed on Stockholm Stock Exchange Small Cap list and [[NASDAQ OMX]] until 2013. |
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== History == |
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The company was founded in 1986 by [[Dan Olofsson]], who is now chairman of the board. The Sigma Group has 5000 employees in 16 countries. |
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By 1999 Sigma had grown in size to 5 000 employees in seven countries and a turnover of 1.4 billion [[Swedish krona|SEK]]. The company struck a deal with [[Ericsson]], becoming a "strategic partner" while expanding into wireless communications solutions.<ref>{{Cite web |date=1999-12-11 |title=Sigma köper två Internetbolag |url=https://www.dn.se/arkiv/ekonomi/sigma-koper-tva-internetbolag/ |access-date=2023-05-12 |website=[[Dagens Nyheter]] |language=sv}}</ref> In 2008 Askerö Utveckling offered to buy the company at 6.9 SEK per share for a total valuation of 599 million SEK. At the time Dan Olofssons holding company was a major shareholder controlling 31% of the shares.<ref>{{Cite news |date=2008-03-27 |title=Bud på Sigma |language=sv |work=[[Dagens Nyheter]] |url=https://www.dn.se/ekonomi/bud-pa-sigma/ |access-date=2023-05-12}}</ref> |
By 1999 Sigma had grown in size to 5 000 employees in seven countries and a turnover of 1.4 billion [[Swedish krona|SEK]]. The company struck a deal with [[Ericsson]], becoming a "strategic partner" while expanding into wireless communications solutions.<ref>{{Cite web |date=1999-12-11 |title=Sigma köper två Internetbolag |url=https://www.dn.se/arkiv/ekonomi/sigma-koper-tva-internetbolag/ |access-date=2023-05-12 |website=[[Dagens Nyheter]] |language=sv}}</ref> In 2008 Askerö Utveckling offered to buy the company at 6.9 SEK per share for a total valuation of 599 million SEK. At the time Dan Olofssons holding company was a major shareholder controlling 31% of the shares.<ref>{{Cite news |date=2008-03-27 |title=Bud på Sigma |language=sv |work=[[Dagens Nyheter]] |url=https://www.dn.se/ekonomi/bud-pa-sigma/ |access-date=2023-05-12}}</ref> |
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Sigma AB was listed on the Stockholm Stock Exchange Small Cap list and NASDAQ OMX. On 8 May 2013, Sigma requested that the company be delisted from NASDAQ OMX on 21 May that same year, after Danir AB acquired over 95% of the shares in the company. At the same time, Danir requested that the remaining shares be compulsorily redeemed. Since then, the company has been a wholly-owned subsidiary of Danir AB, which the Olofsson family owns.<ref>{{Cite news |last=Heirn |first=Pontus |date=20 February 2018 |title=Sigma brädar börskonsulter |language=Swedish |pages=10 |work=[[Dagens Industri]]}}</ref> At the time, the company had 1400 employees.<ref>{{Cite news |last=Satz |first=Lotta |date=21 February 2013 |title=Dan Olofsson lägger bud på hela Sigma |pages=25 |work=[[Sydsvenskan]]}}</ref> |
Sigma AB was listed on the Stockholm Stock Exchange Small Cap list and NASDAQ OMX. On 8 May 2013, Sigma requested that the company be delisted from NASDAQ OMX on 21 May that same year, after Danir AB acquired over 95% of the shares in the company. At the same time, Danir requested that the remaining shares be compulsorily redeemed. Since then, the company has been a wholly-owned subsidiary of Danir AB, which the Olofsson family owns.<ref>{{Cite news |last=Heirn |first=Pontus |date=20 February 2018 |title=Sigma brädar börskonsulter |language=Swedish |pages=10 |work=[[Dagens Industri]]}}</ref> At the time, the company had 1400 employees.<ref>{{Cite news |last=Satz |first=Lotta |date=21 February 2013 |title=Dan Olofsson lägger bud på hela Sigma |pages=25 |work=[[Sydsvenskan]]}}</ref> |
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The company was first split into three businesses in 2001.<ref>{{Cite news |last=Ericson |first=Niklas |date=4 May 2001 |title=Sigma siktar på att tredubbla styrkan |language=Swedish |work=[[Sydsvenskan]]}}</ref> Among the specific engagements the company started after 2001 was a 2008 arrangement with [[AstraZeneca]] to outsource clinical trial data management, thereby reducing need for personnel at its U.S. headquarters in Delaware, which was in line with data management trends in the pharmaceutical industry at the time.<ref>{{Cite news |last=Eder |first=Andrew |date=13 June 2008 |title=AstraZeneca announces outsourcing in two departments |edition=Final |page=B6 (28) |work=[[The News Journal]] |url=https://www-newspapers-com.wikipedialibrary.idm.oclc.org/article/the-news-journal-az-outsources-from-two/125606225/ |via=Newspapers.com}}</ref> Noteworthy also were a 2009 arrangement with BTG Instruments AB to outsource technical documentation;<ref>{{Cite news |date=8 September 2009 |title=Swedish Sigma signs technical documentation deal with BTG |agency=ADP News Nordic |url=http://link.gale.com/apps/doc/A209175854/STND?u=wikipedia&sid=bookmark-STND&xid=0b56c84f |access-date=30 May 2023 |via=Gale OneFile: News}}</ref> a 2011 win of a competitive contract to run IT functions for a new Swedish subsidiary of the Finnish energy firm [[Fortum]];<ref>{{Cite news |date=18 January 2011 |title=Swedish Sigma wins EUR 5.6m IT outsourcing deal at home |agency=ADP News Nordic |url=http://link.gale.com/apps/doc/A246805692/STND?u=wikipedia&sid=bookmark-STND&xid=1581182f |access-date=30 May 2023 |via=Gale OneFile: News}}</ref> and winning a contract competition to provide software services for an upgrade project for the public transport systems of [[Stockholm County]].<ref>{{Cite news |date=18 May 2011 |title=SWEDEN : Contract for IT software development services awarded to Sigma AB. |work=Tendersinfo News |url=http://link.gale.com/apps/doc/A256710405/STND?u=wikipedia&sid=bookmark-STND&xid=98811593 |access-date=30 May 2023}}</ref> |
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In 2010, Sigma acquired the Swedish peer competitor Cypoint, a firm established in 1996 with 100 employees across three Swedish sites.<ref>{{Cite news |date=16 August 2010 |title=Swedish Sigma makes EUR 18.4m buy at home |agency=ADP News Nordic |url=http://link.gale.com/apps/doc/A234563654/STND?u=wikipedia&sid=bookmark-STND&xid=26fdf73a |access-date=30 May 2023 |via=Gale OneFile: News}}</ref> |
In 2010, Sigma acquired the Swedish peer competitor Cypoint, a firm established in 1996 with 100 employees across three Swedish sites.<ref>{{Cite news |date=16 August 2010 |title=Swedish Sigma makes EUR 18.4m buy at home |agency=ADP News Nordic |url=http://link.gale.com/apps/doc/A234563654/STND?u=wikipedia&sid=bookmark-STND&xid=26fdf73a |access-date=30 May 2023 |via=Gale OneFile: News}}</ref> In 2013, Sigma acquired a part of [[Sony Mobile]] and renamed it Sigma Connectivity.<ref>{{cite news|url=https://www.sydsvenskan.se/2013-05-23/hjarnan-bakom-jatteaffaren|title=Hjärnan bakom jätteaffären|work=Sydsvenskan|date=23 May 2013|last=Holm|first=Niklas}}</ref> |
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== See also == |
== See also == |
Revision as of 17:13, 1 June 2023
An editor has nominated this article for deletion. You are welcome to participate in the deletion discussion, which will decide whether or not to retain it. |
Company type | Private |
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Industry | Consulting services for IT, Energy, Industry and Infrastructure projects |
Founded | 1986 |
Founder | Dan Olofsson (Chairman) |
Headquarters | Malmö, Sweden |
Owner | Danir AB |
Number of employees | 5000 (August 2022) |
Website | www |
Sigma AB (or Sigma Group) is a group of companies carrying out consultancy operations within IT, information logistics, engineering services, technical R&D, industry and social structure.
Sigma AB offers its services through the business areas Sigma Technology, Sigma Connectivity, Sigma Industry, Sigma Civil and Sigma Software, within which Sigma AB provides group management and manages the overall Sigma brand. It was listed on Stockholm Stock Exchange Small Cap list and NASDAQ OMX until 2013.
History
The company was founded in 1986 by Dan Olofsson, who is now chairman of the board. The Sigma Group has 5000 employees in 16 countries.
By 1999 Sigma had grown in size to 5 000 employees in seven countries and a turnover of 1.4 billion SEK. The company struck a deal with Ericsson, becoming a "strategic partner" while expanding into wireless communications solutions.[1] In 2008 Askerö Utveckling offered to buy the company at 6.9 SEK per share for a total valuation of 599 million SEK. At the time Dan Olofssons holding company was a major shareholder controlling 31% of the shares.[2]
Sigma AB was listed on the Stockholm Stock Exchange Small Cap list and NASDAQ OMX. On 8 May 2013, Sigma requested that the company be delisted from NASDAQ OMX on 21 May that same year, after Danir AB acquired over 95% of the shares in the company. At the same time, Danir requested that the remaining shares be compulsorily redeemed. Since then, the company has been a wholly-owned subsidiary of Danir AB, which the Olofsson family owns.[3] At the time, the company had 1400 employees.[4]
The company was first split into three businesses in 2001.[5] Among the specific engagements the company started after 2001 was a 2008 arrangement with AstraZeneca to outsource clinical trial data management, thereby reducing need for personnel at its U.S. headquarters in Delaware, which was in line with data management trends in the pharmaceutical industry at the time.[6] Noteworthy also were a 2009 arrangement with BTG Instruments AB to outsource technical documentation;[7] a 2011 win of a competitive contract to run IT functions for a new Swedish subsidiary of the Finnish energy firm Fortum;[8] and winning a contract competition to provide software services for an upgrade project for the public transport systems of Stockholm County.[9]
In 2010, Sigma acquired the Swedish peer competitor Cypoint, a firm established in 1996 with 100 employees across three Swedish sites.[10] In 2013, Sigma acquired a part of Sony Mobile and renamed it Sigma Connectivity.[11]
See also
References
- ^ "Sigma köper två Internetbolag". Dagens Nyheter (in Swedish). 1999-12-11. Retrieved 2023-05-12.
- ^ "Bud på Sigma". Dagens Nyheter (in Swedish). 2008-03-27. Retrieved 2023-05-12.
- ^ Heirn, Pontus (20 February 2018). "Sigma brädar börskonsulter". Dagens Industri (in Swedish). p. 10.
- ^ Satz, Lotta (21 February 2013). "Dan Olofsson lägger bud på hela Sigma". Sydsvenskan. p. 25.
- ^ Ericson, Niklas (4 May 2001). "Sigma siktar på att tredubbla styrkan". Sydsvenskan (in Swedish).
- ^ Eder, Andrew (13 June 2008). "AstraZeneca announces outsourcing in two departments". The News Journal (Final ed.). p. B6 (28) – via Newspapers.com.
- ^ "Swedish Sigma signs technical documentation deal with BTG". ADP News Nordic. 8 September 2009. Retrieved 30 May 2023 – via Gale OneFile: News.
- ^ "Swedish Sigma wins EUR 5.6m IT outsourcing deal at home". ADP News Nordic. 18 January 2011. Retrieved 30 May 2023 – via Gale OneFile: News.
- ^ "SWEDEN : Contract for IT software development services awarded to Sigma AB". Tendersinfo News. 18 May 2011. Retrieved 30 May 2023.
- ^ "Swedish Sigma makes EUR 18.4m buy at home". ADP News Nordic. 16 August 2010. Retrieved 30 May 2023 – via Gale OneFile: News.
- ^ Holm, Niklas (23 May 2013). "Hjärnan bakom jätteaffären". Sydsvenskan.
External links