Funds managed by the Finnish private equity investor Sentica Partners, Finnish Industry Investment Ltd, Forssan Seudun Puhelin Oy and Innofinance Oy are selling their majority shareholding in Openbit Oy to Tanla Solutions Ltd. Openbit has grown strongly during the past few years and has become the leading provider of device payments for mobile applications. The transaction generates good returns for Finnish investors and provides Openbit with larger resources and distribution channels while operating as part of a telecommunications software and service provider with global operations.
Attachments: Openbit press release 5.6.2008
