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2016-12-14

Enea AB: Enea completes acquisition of Qosmos

STOCKHOLM, Sweden, December 14, 2016 - Enea® today announced the
completion of the acquisition of Qosmos, a privately held company
with leading positions in IP traffic classification and network
intelligence. After approval by the French Ministry of Finance, the
acquisition is a step in Enea's strategy of creating a bigger and
stronger company, with focus on embedded software for communication
and networking.

The total consideration amounts to approximately 52.7 MEUR and is
financed through cash and bank loans. Qosmos is estimated to generate
sales of approximately 14.2 MEUR in 2016. The acquisition will have
limited positive effect on Enea's revenue and earnings for the full
year 2016.

Qosmos is a supplier of Network Intelligence software based on Deep
Packet Inspection ("DPI") and commands a dominating share of its
market. The company's software provides detailed real-time traffic
visibility, which is a critical component for applications such as
mobile traffic management, cyber security, and network analytics.
More than 100 telecom networks worldwide use solutions powered by
Qosmos. The strategic complementary acquisition provides a
significant and attractive extension of Enea's portfolio, especially
in the area of Software Defined Networking (SDN) and Network Function
Virtualization (NFV).

"We will be able to help customers identify, classify, and analyze
network traffic in real-time, and we will be able to serve and assist
them in new areas such as traffic management and network security
analytics", said Anders Lidbeck, President and CEO, Enea. "Customers
will also find a strong partner and supplier in us as a company, with
increased resources, broadened expertise, and expanded geographical
presence".

For more information about Qosmos, see www.qosmos.com.

Read the financial press release from October about the acquisition
here:

http://www.enea.com/about-us/Press/Press-releases/Press-release/?item=12...

This information is information that Enea AB (publ) is obliged to make
public pursuant to the Securities Markets Act. The information was
submitted for publication at December 14, 2016 at 08.00 CEST.

For more information please visit www.enea.com or contact:

Anders Lidbeck, President & CEO
E-mail: anders.lidbeck@enea.com

Fredrik Medin, SVP Marketing and Communication
Telephone: +46 709 71 40 11
E-mail: fredrik.medin@enea.com

About Enea

Enea is a global supplier of network software platforms and world
class services, with a vision of helping customers develop amazing
functions in a connected society. We are committed to working
together with customers and leading hardware vendors as a key
contributor in the open source community, developing and hardening
optimal software solutions. Every day, more than three billion people
around the globe rely on our technologies in a wide range of
applications in multiple verticals - from Telecom and Automotive, to
Medical and Avionics. We have offices in Europe, North America and
Asia, and are listed on Nasdaq Stockholm. Discover more at
www.enea.com and start a conversation at info@enea.com.

Enea®, Enea OSE®, Netbricks®, Polyhedra® and Zealcore® are registered
trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE®
Epsilon, Enea® Element, Enea® Optima, Enea® Optima Log Analyzer,
Enea® Black Box Recorder, Enea® LINX, Enea® Accelerator, Polyhedra®
Lite, Enea® dSPEED Platform, Enea® System Manager and Embedded for
LeadersTM are unregistered trademarks of Enea AB or its subsidiaries.
Any other company, product or service names mentioned above are the
registered or unregistered trademarks of their respective owner. ©
Enea AB 2016.

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http://news.cision.com/enea-ab/r/enea-completes-acquisition-of-qosmos,c2...
http://mb.cision.com/Main/1006/2148239/603448.pdf

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