▁In nov ation , ▁a ▁software ▁company ▁in ▁the ▁Enter prise ▁Content ▁Management ▁( EC M ) ▁business ▁in ▁the ▁Nord ic ▁countries . ▁The ▁aim ▁of ▁the ▁ac quisition ▁was ▁to ▁increase ▁T iet o ' s ▁capabilities ▁in ▁enter prise ▁content ▁management ▁across ▁the ▁Nord ic ▁countries . ▁In ▁ 2 0 1 4 , ▁Software ▁In nov ation ' s ▁net ▁sales ▁amount ed ▁to ▁approximately ▁E UR ▁ 4 1 ▁million ▁with ▁an ▁operating ▁margin ▁( E BIT ) ▁of ▁ 1 2 . 5 %. ▁In ▁August ▁ 2 0 1 5 , ▁The ▁Norwegian ▁Compet ition ▁Author ity ▁approved ▁the ▁ac quisition . ▁ ▁In ▁December ▁ 2 0 1 5 , ▁T iet o ▁announced ▁the ▁re location ▁of ▁its ▁headquarters ▁in ▁Ke il ani emi , ▁Esp oo , ▁Finland , ▁in ▁space ▁originally ▁built ▁for ▁N ok ia ▁and ▁later ▁occupied ▁by ▁Microsoft ▁Mobile . ▁The ▁office ▁spaces ▁in ▁Ke il ani emi ▁are ▁designed ▁for ▁flexible ▁ways ▁of ▁working , ▁with ▁open ▁spaces , ▁co - cre ative ▁areas ▁and ▁innov ation ▁hub s . ▁The ▁move ▁to ▁Ke il ani emi ▁is ▁planned ▁to ▁take ▁place ▁in ▁stages , ▁starting ▁in ▁the ▁fourth ▁quarter ▁of ▁ 2 0 1 6 ; ▁the ▁move ▁has ▁been ▁on going ▁since ▁April ▁ 2 0 1 7 . ▁Since ▁T iet o ' s ▁r ental ▁agreement ▁in ▁K ilo , ▁Esp oo ▁ends ▁in ▁December ▁ 2 0 1 6 , ▁the ▁company ▁expects