addition to cash compensation, EVRY’s shareholders received 37.5 per cent of the shares in the new company. Tomas Franzén, a member of Tieto’s board of directors, was appointed chair of Tietoevry’s board, and Tieto’s CEO, Kimmo Alkio, was selected to head the new company. The acquisition made Apax Partners the largest shareholder in TietoEVRY, with a stake of approximately 20 per cent. The merger was concluded on 5 December 2019, and the shares were floated on the Oslo stock exchange on the same date. Tietoevry’s shares are listed also on the Helsinki and Stockholm stock exchanges. In August 2020, the Legal Register Centre of Finland signed a procurement agreement worth 10 million euros with Tietoevry. In October, Tietoevry made an agreement worth nearly 30 million euros with the City of Västerås in Sweden. In November, it made an agreement worth 10 million euros with Stockholm. Organization Tietoevry’s main office is Keilaniemi, Espoo. Tietoevry’s CEO is Kimmo Alkio while the chair of the board of directors is Tomas Franzén. In spring 2020, 4,600 of the company’s employees were based in Sweden, 4,400 were in Norway, 4,200 were in India, and 3,200 were in Finland. In 2022, the company was divided into six operating segments: Tietoevry Create (Digital consulting) Tietoevry Connect (Cloud services and infrastructure solutions) Tietoevry Industry (Industrial software) Tietoevry Banking (Financial services solutions) Tietoevry Care (Healthcare and related products and services) Tietoevry Transform (International operations) Tietoevry ’s shares are listed on the Helsinki, Stockholm and Oslo stock exchanges. On 31 July 2021, Tietoevry’s largest shareholders were Solidium Oy, Ilmarinen Mutual Pension Insurance Company, Elo Mutual Pension Insurance Company, The State Pension Fund and Nordea funds. Partners Tietoevry collaborates with Microsoft in public cloud services. They also have a joint training programme in which thousands of Azure professionals are certified for Tietoevry. Products and services Tietoevry provides its customers with cloud services, IT services and systems that it also develops and maintains. It also offers services such as financing. Tietoevry’s customers operate in numerous sectors, including the health care, banking, forestry industries in Europe and around the world. In spring 2020, Tietoevry held a market share of approximately 20 per cent in Finland, more than 20 per cent in Norway, and 14 per cent in Sweden. Its customers included tyre company Goodyear, payment services company Getswish, insurance company Folksam, Norwegian ministries and the City of Stockholm. In Finland, the company’s customers