According to a release published today on 16 December 2016, Visma Software Plc has purchased the entire share capital of ValueFrame Ltd. The sellers are TietoAkseli Group Ltd., the main owner of ValueFrame, and Protacon Solutions Ltd., both based in Jyväskylä Finland, as well as two private persons, managing director Harri Kanerva and operative director Jarmo Annala of ValueFrame Ltd.
Established in 2001, ValueFrame Ltd. is a pioneer in ERP systems for expert companies in Finland.
The acquisition does not affect the services provided by TietoAkseli or Protacon Solutions to ValueFrame Ltd. or used by it, nor the operations of customers using ValueFrame. ValueFrame stays in market and its development as a product will continue.
The personnel of ValueFrame will continue working in the new company as key persons for their respective products.
ValueFrame products have been developed from the browser-based system that was developed by Protacon Group for its own enterprise resource planning. The company’s story related by managing director Harri Kanerva can be read on the website of ValueFrame.
CEO, Protacon Solutions Ltd.
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