Proact IT Group AB
149.00
SEK
+4.80
(+3.33%)
ISIN
SE0015961222
Return %
Stock
S&P 500
1Y
59.53
14.20
3Y
104.11
81.12
5Y
79.52
68.34
Capital Structure
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SEK
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in mil. unless spec.Company Description
- CEO
- Magnus Lönn
- Full Time Employees
- 1,073
- Sector
- Electronic technology
- Industry
- Electronic components
- Address
- Frösundaviks Allé 1 Solna AB Sweden 169 04
- IPO Date
- Oct 16, 1997
- Website
- proact.se
- Similar Companies
- Business
- Proact IT Group AB (publ) (PACT.ST) is Europe's leading specialist in data and information management, focusing on cloud services and data centre solutions. The company provides a comprehensive portfolio of IT infrastructure products and services, including professional and consulting services such as IT strategy, roadmap consulting, technology health checks, architectural design, implementation, migration and training; network solutions encompassing software-defined WiFi, WAN and LAN; backup and disaster recovery solutions; cybersecurity solutions for storage, network fortification, monitoring and threat detection; Proact Hybrid Cloud services including hybrid cloud AI powered by NVIDIA GPUs, managed cloud services, storage as a service, FlexPod as a service and disaster recovery; storage solutions; Kubernetes container platforms; modern workspace solutions; support and service management with 24/7 helpdesk; and industry-specific solutions for sectors such as healthcare, insurance and legal. Proact serves public sector, telecom, retail, energy, manufacturing, banking and finance, media and other customers across 12 countries in Europe including Sweden, the United Kingdom, the Netherlands, Germany, Belgium, the Czech Republic, Denmark, Estonia, Finland, Latvia, Norway and the USA. Founded in 1994 and headquartered in Solna, Sweden, Proact employs over 1,200 people and manages thousands of petabytes of data through four main delivery hubs in Europe. The company operates through segments including system sales, service operations and other revenue, with a strong emphasis on hybrid, public and private cloud deployments delivered on-premises, in hosted or public clouds. In recent developments, Proact acquired UK-based BlakYaks in 2025, a consulting firm specializing in Microsoft Azure cloud transformation, Kubernetes, containers and automation, for an initial GBP 16 million plus potential earn-out of up to GBP 11 million to bolster its hybrid cloud and Azure expertise in key markets. The company launched Proact Hybrid Cloud AI in 2025, a secure Swedish-based AI platform with high-performance NVIDIA GPUs for development, testing and scaling of AI solutions compliant with local data sovereignty requirements. Additional strategic moves include signing new cloud service contracts worth SEK 511.9 million in the first nine months of 2025 (up 22.2% year-over-year), initiating a share repurchase program, implementing a cost efficiency programme in its West and Central business units, and reporting first commercial deliveries of its AI platform amid mixed regional performance with strong growth in Nordic & Baltics and UK operations.