Lauri Pappinen

Fast growing Adera AB will be the second Internet company to join the Swedish Stock Market in its effort to win over focused Net companies. Adera will be traded on the stock market as of June 10. The IPO is expected to bring in SEK 80 million (US$10 million), giving the company a market value […]

Swedish Post has launched BonusMail, an online permission marketing channel giving customers the option of earning points for accepting merchandise or services. BonusMail, licensed from MyPoints.com in USA, rewards users for responding to personalized advertising campaigns. The user decides what type of advertising will be received. For example, a customer interested in clothing and travelling […]

Within a week the Sweden-based Internet company Icon Medialab International AB acquired companies in Italy, France and England. Franco Fedeli, CEO at Icon Medialab International, explained the company’s strategy to aggressively move in to key markets and quickly reach critical mass. The market has been waiting for more takeovers. After three new deals Icon Medialab […]

Telecom supplier Doro AB, in cooperation with ISP Telia Internet, Monday introduced a set-top box for Net surfing through a TV set. The market for set-top boxes in Sweden has been practically nonexistant thus far, but there might be some light at the end of the tunnel. Doro is a well-known supplier of phones and […]

The Swedish company Eweave AB launched

Netsolutions and Framtidsfabriken Monday announced their plans to merge into one new Internet company. The new company will have combined sales of 144 million kronor (US$18 million) in 1998 and a crew of 270 people. The company is expected to trade in Stockholm Stock Exchange this year. The merger was forced by customers and by […]

After three years on the Net, The Swedish Post’s portal Torget.se has a new face and platform, with a new focus on trade and e-commerce. Nearly three years after its launch and after investing nearly 200 million kronor (approx. $25 million), the site Torget has transformed newspaper-looking site to a trading site. The first editor […]

The Interpublic Group of Companies, Inc. recently made a significant investment of $20 million in the Swedish based Net consulting company Icon Medialab International AB, to help its European growth. Interpublic chairman and chief executive officer Philip H. Geier, Jr. said this strategic alignment with Icon Medialab is a new chapter in delivering Internet and […]

Telia Mobile, a leading wireless operator in Sweden, is working with Oracle Corp. on a prototype utility, Panama, designed to transfer Internet content to any mobile device. “The Panama project improves on the wireless application protocol (WAP) standard,” said Roland Svensson, product director at Oracle. “WAP has some inherent limitations that we have worked around. […]

Swedish Internet service provider Tele2 recently launched a complete shopping system on its main Web site. As the e-commerce business grows in Sweden, several companies are jumping into the expanding market of serving shop owners. Tele2 is the second largest site in Sweden with 120,000 visitors each day. Portal site Passagen is the most visited […]

Following in the footsteps of American financial sites, Swedish online brokerage Avanza has acquired financial service Inside from Scandinavia Online, and will integrate its service into a financial portal. Under terms of the acquisition, Scandinavia Online will hold 17 percent of Avanza’s stock as payment for Insides, making it the second largest owner of the […]

Online car-buying guide autobytel.com inc. began serving the European market recently by launching autobytel.se with Swedish Volvo retailer Bilia. Bilia has formed a separate company, Autobytel AB in Sweden that will control the autobytel.com license for all Nordic countries. Currently the dealers are located in Sweden’s larger cities, but plans have been made to open […]