Polystar Instruments AB has today entered into an agreement for the sale of all shares in Polystar OSIX AB and affiliated companies to Elisa Corporation.

Polystar OSIX is a provider of software solutions for analytics, assurance and monitoring to mobile operators The purchase price on a cash and debt free basis amounted to EUR 70 million, with an additional acquisition price of an additional EUR 5 million if growth targets are achieved.

Gernandt & Danielsson advised Polystar Instruments in connection with the sale with a team consisting primarily of partners Mats Hugoson and Rolf Larsson, senior associate Oscar Anderson and associate Pierre Olsson.