Technology / Media / Telecom
iData Kft. was sold to Norbit ASA.
iData, the Hungarian telematic and toll payment solution provider. The Deloitte Fast 50 awarded company provides its services in several European countries under the iTrack brand.
The purchaser was the Norway listed Norbit ASA that is broadening its ITS (Intelligent Traffic Systems) business segment with the services of the Hungarian company.
Heal Partners acted as exclusive financial advisor to iData, while Szecskay Attorneys at Law provided legal services.
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