Vitec - About the company
Vitec is a public company based in Umea (Sweden), founded in 1985. It operates as a Provider of software development solutions. The company has 87682 active competitors, including 622 funded and 2317 that have exited. Its top competitors include companies like GirnarSOFT, Unicorn and Gigster.
Company Details
- Website
- vitecsoftware.com
- Email ID
- *****@vitec.se
- Phone Number
- +46 **********
- Registered Address
- Etasje 12, 0185, OSLO
Key Metrics
Founded Year
1985
Location
Umea, Sweden
Stage
Public
Ranked
67th among 87682 active competitors
Employee Count
619 as on Sep 30, 2026
Similar Companies
Exit Details
Public
Legal entities associated with Vitec
Vitec is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
VITEC ALOC AS CIN: 976876768 , Norway, Active | Sep 26, 1996 | - | - |
Vitec's IPO details
Vitec got listed on Oct 08, 2004.
Click here to take a look at Vitec's IPO in detail
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Vitec's funding and investors
Vitec has not raised any funding rounds yet.
Vitec's founders and board of directors
Founder? Claim ProfileVitec's employee count trend
Vitec has 619 employees as of Sep 26. Here is Vitec's employee count trend over the years:
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Vitec's Competitors and alternates
Top competitors of Vitec include GirnarSOFT, Unicorn and Gigster. Here is the list of Top 10 competitors of Vitec, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GirnarSOFT 2007, Jaipur (India), Series E | Provider of website, web & mobile application development, BI, and digital marketing services | $620M | 78/100 | |
2nd |  Unicorn 1990, Prague (Czech Republic), Acquired | Provider of software development services | $12M | 67/100 | |
3rd |  Gigster 2013, Austin (United States), Acquired | Provider of software development services | $32.5M | 65/100 | |
4th | Hedgehog lab 2007, Newcastle Upon Tyne (United Kingdom), Series A | Provider of mobile application development and UX design services | $9.49M | 60/100 | |
5th |  Capital Numbers 2012, Kolkata (India), Public | Provider of application development and DevOps services | - | - | 58/100 |
6th | Provider of software development services | $13.8M | 57/100 | ||
7th | Developer of project portfolio management software for complex development projects | - | 56/100 | ||
8th | Agency providing strategy and technology services | $10M | 56/100 | ||
9th | Fixstars Corporation 2002, Tokyo (Japan), Public | Provider of software acceleration solutions and cloud services | - | 56/100 | |
10th | FPT Software 1999, Hanoi (Vietnam), Unfunded | Provider of application development and UI/UX design services | - | - | 56/100 |
67th | Provider of software development solutions | - | - | 49/100 |
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Vitec's Investments and acquisitions
Vitec has not made any investments yet. Vitec has made 38 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 06, 2026 | Acquisition | 1956 | Gebze (Turkey) | |
Feb 02, 2026 | Acquisition | 1995 | Sollentuna (Sweden) | |
Nov 28, 2024 | Acquisition | 2008 | Helsinki (Finland) |
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Reports related to Vitec
Here is the latest report on Vitec's sector:
News related to Vitec
Filter this listMedia has covered Vitec for 1 event in last 1 year.
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Vitec Software Group Lifts Margins and Expands Portfolio in Strong First QuarterTipRanks•Apr 23, 2026•Vitec
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Vitec Software Acquires Majority Stake in Polish Software Company NMG S.A.Global Legal Chronicle•Oct 10, 2025•NMG Group, Vitec
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Sweden’s Vitec Software Group expands its reach with acquisition of Dutch-based Picturae ICTSilicon Canals•Oct 17, 2023•Vitec, Picturae
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The IT group buys Twin SolutionsITWatch•Feb 03, 2020•Twinsolution, Consit Group, LNP Corporate Finance, Vitec and 1 other
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Vitec Software Group AB: Vitec acquires the software company PP7 AffärssystemGlobeNewswire•Apr 09, 2018•Vitec, PP7 Affärssystem
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