Danish IT companies attract fresh wave of investor interest  

2002.08.14
Relatively low current valuations of Danish IT and telecompanies attract investment bargain hunters
According to a report in Erhvervsbladet Online, relatively low current valuations of Danish IT companies are attracting a fresh wave of investment interest. The Danish Venture Capital Association (Dansk Venturekapital forening) is reported as saying that new players are seeing the opportunities to get excellent investment value from Danish IT and telecompanies. Earlier this week a hitherto unknown venture company, Nordica Erhvervsinvest, bought into the Danish security software company Protego. Nordica Erhvervsinvest began investing in IT and telecompanies three months ago and now have four companies in their portfolio, including Arrownet.

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