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Telenor relies on Nordic market

Telenor Group's Q4 saw reported revenues of NOK 28bn (€3.3bn), showing organic revenue growth of 1%. EBITDA before other items was NOK 8.99bn (€1.1bn) and the EBITDA margin was 32.6%.

Claranet buys Portuguese managed hosting business

Claranet is buying Portuguese managed hosting and applications provider Echiron, as part of its continued expansion into Europe. It says this makes it the largest cloud services provider to the mid-market in the region.

Webhelp buys Dutch company

The Webhelp Group, operator of contact centres across Europe, has expressed its interest in buying a Dutch customer experience management firm SNT.

Misys buys eastern European banking specialist

Financial software company Misys has bought eastern European IND Group, a specialist in digital channels, based in Hungary. It adds consumer-oriented solutions to Misys' core banking capabilities.

European IT & Software Excellence Awards finalists

The finalists for the European IT & Software Excellence Awards 2014 - the leading pan-European awards for ISVs, Solution Providers and Systems Integrators and their vendor and distributor partners.

Interoute opens first data centre in Spain

Operator of Europe’s cloud services platform Interoute Communications has opened its first distributed data centre in Madrid, Spain, which will contribute a part of its pan-European network.

Alcatel-Lucent back in profit

Alcatel-Lucent made a net profit of €134m in Q4, a rebound from a loss of €1.56bn a year earlier, when the company took over a €1bn in impairment and restructuring charges. Revenue dropped 4.1% to €3.93bn, below forecasts of €4.18bn.

Egnyte expands into Europe

Enterprise File Sharing platform provider Egnyte has announced its expansion plans into Europe and in the US.