KMD (company)
| Type | Private limited company |
|---|---|
| Industry | Information technology |
| Founded | 1972 |
| Headquarters | , |
Key people | Léo Apotheker(Chairman), Eva Berneke (CEO) |
| Services | IT solutions |
| Revenue | DKK 4.7 billion (2013) (2013) |
| DKK 64 million (2013) | |
| Owners | NEC |
Number of employees | 3,000 (2013)) |
| Website | kmd.dk |
KMD (formerly Kommunedata which literally translates to 'municipality data'), develops IT solutions for Danish municipalities, government and others, as well as some branches of the army. Until 2009 it was owned by the municipalities' national association (Kommunernes Landsforening - KL), who sold the company to EQT Partners (85%) and Arbejdsmarkedets Tillægspension (15%).[1] In 2012 EQT Partners sold its stake in the company to the private equity company Advent International.[2]
Kommunedata was established in 1972 by a merger of municipal IT centres.
KMD currently employs over 3000 employees.[3]
In 2019, Japanese company NEC acquired KMD for 8 billion DKK.[4][5][6]
Subsidiaries[]
- KMD BPO
- KMD Medialogic
- KMD Poland
- KMD Sverige AB
- KMD International
- Axapoint Aps.
References[]
- ^ "KMD-salg godkendt trods forbehold". 2 March 2009.
- ^ "KMD".
- ^ http://www.kmd.dk/da/om_kmd/Tal%20og%20Fakta/Pages/Fakta.aspx
- ^ "NEC acquires the largest Danish IT company, KMD".
- ^ "KMD to be acquired by NEC Corporation".
- ^ https://www.morningstar.com/news/business-wire/BWIPREM_20181226005168/nec-acquires-the-largest-danish-it-company-kmd.html
External links[]
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- Software companies of Denmark
- Software companies based in Copenhagen
- Companies based in Ballerup Municipality
- Danish companies established in 1972
- 1972 establishments in Denmark
- NEC Corporation
- Danish company stubs