|Fund:||Maj Invest Equity 5 K/S|
|Other shareholders:||Founders and management|
|Maj Invest contact:||Mads Andersen|
|EBITDA:||DKK 63 million|
Icotera was founded in 2007 and is today among the leading European developers of gateway, WiFi and software solutions sold to fiber network operators. The company is headquartered in Brøndby and has its R&D facility in Poland. Through a solution and customer-oriented business approach Icotera has become the Danish market leader with established sales in multiple European markets. In recent years the company has generated high organic growth rates driven by unique hardware and software solutions tailored to individual customer needs and strong growth in the European fiber market.