Origo Nears Sale of Tempo Share to HPE Growth Partners

On August 14th, Origo (formerly Nýherji) announced that the company had entered into exclusive negotiations with the Dutch investment firm HPE Growth Partners for the sale of 33% of the equity of its wholly owned subsidiary, Tempo Software. The announcement brings more clarity to the actual market value of Tempo Software but Origio first announced its … Continue reading Origo Nears Sale of Tempo Share to HPE Growth Partners

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The Arion Bank IPO and what happens after?

On Thursday, 2 August 2018, Arion Bank will release its financial results for the first six months of 2018. This will be the first release of financial statements since Arion Bank completed the IPO of approximately 30% of its common shares in a secondary offering. Background to the IPO The Arion Bank IPO is interesting … Continue reading The Arion Bank IPO and what happens after?

Origo and the value of Tempo Software

Origo is an Icelandic IT company listed on the Nasdaq OMX Iceland stock exchange. The company employs over 500 people, offering IT solutions ranging from hardware, software, consultancy and technical services. In addition to its Icelandic operations, Sweedish-based Applicon AB and Tempo Solutions operate as fully owned subsidiaries. Origo 2017 Financials In 2017, the company … Continue reading Origo and the value of Tempo Software