Groningen, Netherlands-based Wisdom is made up of two operations: Wisdom TMLC BV and The Missing Link BV. The group provides application development and system integration services around Java and Microsoft .NET platforms and reported total revenue of approximately 5m euros ($6.4m) in 2006.
Ordina said the price of the acquisition would be up to 1.5 times Wisdom’s revenue, giving it a maximum value of 7.5m euros ($9.5m).
In the last two months, Ordina has announced plans to acquire local consulting and application development vendor Be Value BV and software and technology engineering services provider Bergson Holding BV.
