Exense

Exense ASA was a Norwegian enterprise-software company headquartered in Oslo, with additional offices in Stockholm, Luleå, and Lund in Sweden. Its software business focused on procurement and logistics management, especially applications adapted to the operational requirements of public healthcare organizations in Scandinavia. The company therefore occupied a specialized position within enterprise information technology: rather than presenting itself as a broad consumer software brand, it supplied business-process systems intended to support purchasing, supply flows, and administrative coordination. Exense expanded through acquisitions during the 2000s. In 2004 it acquired the Swedish company Idefix Konsult. In 2005 it acquired Pro Consulting, adding consulting capabilities to the group. The consulting activities were subsequently separated from the software business in a demerger two years later, creating Exense Consulting as a separately listed entity on Oslo Axess. This restructuring reflected an effort to distinguish the company’s software operations from its professional-services activities. Exense was publicly traded in Norway during part of its corporate life. It was listed on the Oslo Stock Exchange from 2000 until 2007, when it was moved to Oslo Axess. Around the same period, Exense explored a transaction involving Exense Software, a subsidiary with operations in Oslo, Stockholm, and Lund. A proposed sale to Visma was announced as nearly completed on 2 July 2007, but the transaction was not ultimately completed. The company later encountered severe financial difficulties. In March 2009, Exense’s board was informed that the company was insolvent. After the company was unable to meet its debts, it requested an injunction on 3 March 2009. The available reference material does not establish a later operating business, successor brand, or continuing corporate structure. Exense is therefore treated here as a defunct Norwegian software brand. Because the available public material is limited, detailed information about its founding, product names, customers, revenue, management team, and final legal disposition remains unavailable.

Exense emerged as a Norwegian software company serving organizational purchasing and logistics needs. Its principal area of specialization was software for procurement and logistics, with particular attention to the Scandinavian public-health sector. The company operated from Oslo and established a Scandinavian footprint through offices in Stockholm, Luleå, and Lund in Sweden. The company was publicly listed in Norway from 2000. During the following decade it pursued expansion through acquisitions and a combination of software and consulting activities. In 2004 Exense purchased the Swedish firm Idefix Konsult. In 2005 it acquired Pro Consulting, strengthening the group’s consulting capabilities. The subsequent corporate structure did not remain unified: approximately two years later, the consulting division was demerged into Exense Consulting. That entity was separately listed on Oslo Axess, while Exense retained its software-oriented activities. Exense’s public-market status also changed during this period. It traded on the Oslo Stock Exchange from 2000 to 2007, after which it was transferred to Oslo Axess. The company also considered selling Exense Software, a subsidiary operating from Oslo, Stockholm, and Lund, to Visma. Although the transaction was described as nearly completed on 2 July 2007, it did not close. The company’s financial position deteriorated by 2009. In March of that year, the board was informed that Exense was insolvent. When Exense could not pay its debts, it sought an injunction on 3 March 2009. The cited reference does not provide a detailed account of the subsequent insolvency proceedings, a buyer of the remaining business, or a successor operating brand. Accordingly, Exense is documented as a defunct enterprise-software company rather than an active SaaS provider. The surviving historical record supports its role in procurement and logistics software and its corporate transactions, but does not provide enough information to identify individual product names, founders, executives, financial results, or a continuing website.

• 2009

  Insolvency

  [1]Exenseen.wikipedia.org

  Exense’s board was informed that the company was insolvent, and the company sought an injunction after being unable to pay its debts.

• 2007

  Transfer to Oslo Axess

  [1]Exenseen.wikipedia.org

  Exense left the Oslo Stock Exchange and was transferred to the Oslo Axess marketplace.

• 2007

  Consulting business demerged

  [1]Exenseen.wikipedia.org

  The consulting division was separated into Exense Consulting, which was also listed on Oslo Axess.

• 2005

  Acquisition of Pro Consulting

  [1]Exenseen.wikipedia.org

  The company acquired Pro Consulting and expanded its consulting-related activities.

• 2004

  Acquisition of Idefix Konsult

  [1]Exenseen.wikipedia.org

  Exense acquired the Swedish company Idefix Konsult as part of its Scandinavian expansion.

• 2000

  Listed on the Oslo Stock Exchange

  [1]Exenseen.wikipedia.org

  Exense began the documented period of its public listing on the Oslo Stock Exchange.

Specialist enterprise software provider focused on procurement, logistics, and related consulting for Scandinavian public-sector and healthcare organizations.

• Enterprise software

  Procurement-management software

  Exense developed software for managing procurement processes. The available historical description places this activity at the center of the company’s product business, particularly for organizations in the Scandinavian public-health sector. No specific product-brand name, release history, technical architecture, or current successor is identified in the cited material.

• Enterprise software

  Logistics-management software

  The company also produced systems for logistics management, supporting operational flows associated with procurement and supply administration. These systems were reportedly tailored in particular to Scandinavian public healthcare, but the available reference does not specify modules, deployment models, customer names, or product versions.

• Professional services · 2005

  Consulting services

  Following the acquisition of Pro Consulting, Exense operated consulting activities alongside its software business. Those activities were later separated through the creation of Exense Consulting. The available source does not provide a detailed catalogue of services or identify specific consulting engagements.

• 2009

  Seek an injunction after insolvencyOther

  Background

  In March 2009, Exense’s board was informed that the company was insolvent and the company could not pay its debts.

  Action taken

  Exense requested an injunction on 3 March 2009.

  Aftermath

  The available source does not document the full insolvency outcome or identify a continuing successor business.

  Source

• 2007

  Demerge the consulting divisionStrategy

  Background

  Exense had developed a combined software and consulting structure after acquiring Pro Consulting.

  Action taken

  It separated the consulting activities into Exense Consulting, which was also listed on Oslo Axess.

  Aftermath

  The corporate structure divided the consulting operations from the remaining Exense software business.

  Source

• 2007

  Proposed sale of Exense Software to VismaM&A

  Background

  Exense explored a transaction involving its software subsidiary, which had branches in Oslo, Stockholm, and Lund.

  Action taken

  A sale to Visma was reported as nearly completed on 2 July 2007, but the transaction was not completed.

  Aftermath

  Exense Software remained associated with Exense in the available historical record; the source does not explain the detailed reasons for the failed transaction.

  Source

• 2005

  Acquire Pro ConsultingM&A

  Background

  Exense expanded its activities into consulting in addition to its procurement and logistics software business.

  Action taken

  The company acquired Pro Consulting.

  Aftermath

  The consulting activities were later separated from the software business.

  Source

• 2004

  Acquire Idefix KonsultM&A

  Background

  Exense sought to expand its Scandinavian software operations through the purchase of a Swedish company.

  Action taken

  It acquired Idefix Konsult.

  Aftermath

  The acquisition added a Swedish business to Exense’s regional operating footprint.

  Source

1. 1Exenseen.wikipedia.org