DNV Acquires Nixu, for €98M


DNV, an Oslo, Norway-based risk management and quality assurance provider, acquired a Helsinki, Finland-based cyber security services firm Nixu.

The amount of the deal was €98M.

With the acquisition, DNV will combine its cyber security businesses with Nixu following a process to acquire the remaining shares in Nixu and de-list the company from the Nasdaq Helsinki Stock Exchange. A combined team of more than 500 cyber security experts will provide a portfolio of consulting and managed services to manage cyber risks. The two companies will also combine their cyber security certification businesses.  

Led by CEO Teemu Salmi, Nixu is a cyber security services company that helps clients ensure business resilience. The company, which Nordic roots, employs around 400 professionals in Finland, Sweden, the Netherlands, Denmark, and Romania.

Led by CEO and Group President Remi Eriksen, DNV is an independent assurance and risk management provider, operating in more than 100 countries, with the purpose of safeguarding life, property, and the environment. The company  enables its customers and their stakeholders to manage technological and regulatory complexity and uses its experience and expertise to advance safety and sustainable performance, set industry standards, and inspire and invent solutions.