Atea acquires Total Storage Solutions Norge

(Norway) Atea AS has entered into agreement to
acquire Total Storage Solutions Norge AS, who is
specialized in data storage and backup solutions.

Total Storage Solutions Norge (TSS) has offices in
Oslo, Bergen, Stavanger and Kongsberg, and has 19
employees. The company is expected to generate total
revenue of MNOK 70 and EBITDA of MNOK 8 in 2012.

The acquisition will strengthen Atea's focus on data
storage and backup solutions in general, and in IBM
technology particularly. TSS is a niche supplier to
the banking and oil industries, industries with high
requirements for quality and expertise.

Atea has acquired all shares in the company. All
employees will continue in Atea after the
transaction. The acquisition is subject to approval
by the competition authorities and will then have
effect in three weeks from now.

The agreed transaction value (enterprise value) is
MNOK 31.5.


For further information, please contact:
Steinar Sønsteby, Managing Director Atea AS, mobile
+47 930 55 655
Rune Falstad, CFO Atea ASA, mobile +47 906 14 482


About Atea
Atea is the leading Nordic and Baltic supplier of IT
infrastructure with more than 6,000 employees. Atea
is present in 81 cities in Norway, Sweden, Denmark,
Finland, Lithuania, Latvia and Estonia. Atea delivers
IT products from leading vendors and assist its
customers with specialist competencies within IT
infrastructure services. Atea had revenue of more
than NOK 20 billion in 2011 and is listed on Oslo
Stock Exchange. [http://www.atea.com]