Agreement - May 8, 2017
NNIT, Novo Nordisk renew agreement
NNIT has signed an extension of its infrastructure outsourcing agreement with Novo Nordisk. The estimated total value of the agreement amounts to approximately DKK 1bn and covers global services, including support and maintenance of Novo Nordisk’s corporate IT infrastructure. The agreement covers Novo Nordisk’s global IT infrastructure and further supports the pharmaceutical company’s cloud strategy […]
Financing - March 9, 2015
Novo’s IT Shares on the Rise
On its first day on the Copenhagen stock market Friday, Novo Nordisk’s newly public IT business got off to a fast start, with shares rising by as much as 44 percent, according to Reuters. Investors quickly bid up shares in NNIT, which had an offering price of 125 Danish kroner, or about $18—a figure analysts […]
Intellectual Property - February 10, 2015
Novo to Seek IPO for NNIT
Novo Nordisk A/S is seeking an Initial Public Offering (IPO) of NNIT A/S on NASDAQ OMX Copenhagen A/S (Nasdaq Copenhagen). NNIT is a wholly-owned subsidiary of Novo Nordisk A/S and one of Denmark’s leading IT service providers and consultancies. The company has been considering spinning off NNIT since last January, when it named a new […]
