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Title: Advania  
Author: World Heritage Encyclopedia
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Subject: Advania, List of mergers and acquisitions by Advania, List of companies of Iceland, Telecommunications in Iceland, Reykjavík
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Advania hf
Type Public
Industry Information technology
Predecessors Aston Baltic (Latvia)
Hands AS (Norway)
HugurAx ehf (Iceland)
Kerfi AB (Sweden)
Skýrr hf (Iceland)
Founded Reykjavík, Iceland (January 20, 2012 (2012-01-20))[1]
Headquarters Reykjavík, Iceland
Number of locations 20 offices in 4 countries (2011)
Area served Northern Europe
Key people Þorsteinn G. Gunnarsson (chairman)
Gestur G. Gestsson (president)
Eyjólfur Magnús Kristinsson (CEO)
Services Project management
Hardware repairs
Software development
Total assets 16,395 million ISK (2011)
Total equity 3,506 million ISK (2011)
Owners The Enterprise Investment Fund (majority)
Titan Investment Fund (5%)
Employees 1,120 total
600 in Iceland
300 in Sweden
200 in Norway
20 in Latvia (2011)
Subsidiaries List of Advania subsidiaries
Website .com.advaniawww (English)
.is.advaniawww (Icelandic)

Advania hf is a Nordic information technology service corporation headquartered in Reykjavík, Iceland.[2] The company is the largest in its field in Iceland and the 9th largest in the Nordic countries.


Advania is the result of numerous mergers and acquisitions of mainly Icelandic companies, but also of some European companies. Its roots go as far back as 1939, when EJS was founded and 1952, when Skýrr was founded.


EJS was founded in 1939 by Einar J. Skúlason and operated under his name. The company initially ran a workshop for office equipment repairs. Later it opened a retail store in addition to importing and servicing office equipment and soon added tills for sale in its store. During World War II the company also repaired guns and lighters. In the early 1980s the company's focus shifted to personal computers and the proprietor, Einar J. Skúlason, sold the company to its employees who had more experience with such technology. The company went public and in 1996 it became the main partner and reseller of Dell products in Iceland.

At the start of the 21st century, the company's name was changed to EJS as a reference to the founder and previous owner, Einar J. Skúlason. Between the years 2004–2006, EJS strengthened its operations by acquiring various Icelandic companies such as the software houses Eskill, ISOFT, Símkerfi,[3] Símland and UTnet. EJS sold 58% of its shares to the holding company DZ. Those shares were later sold to Skýrr which at the time was owned by Kögun, a firm specialising in military defence software.[4] A 320-employee IT company was formed 18 November 2009 as Eskill, Landsteinar Strengur and Kögun merged into Skýrr.[5] EJS subsequently merged with Skýrr on 19 November 2010, adding 160 employees to the newly formed company.


Skýrr (Skýrsluvélar ríkisins og Reykjavíkurbæjar) (English: Record Machines of the State and Reykjavík City). According to the new agreement ownership of the company was split between the Icelandic state (50%), Reykjavík Municipal Treasury (25%) and Rafmagnsveita Reykjavíkur (25%). In everyday language the company was referred to as Skýrsluvélar or SKÝRR and it wasn't until 1995 that the company was privatised and renamed Skýrr hf.

In 1961, Skýrr ordered its first electronic computer, the IBM 1401, but delivery was delayed and it wasn't until 1964 that the computer finally arrived. In the autumn of 1968 Skýrr bought an IBM 360/30 which marked the end of the company's use of punched cards. In 1973 Skýrr imported an IBM 370/135 and hence the company was able to perform parallel computer data processing. The need for more computing power quickly grew and so an IBM 370/145 was purchased in 1976.[6]


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External links

  • Official website (English)
  • Official website (Icelandic)
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