Merger of SIA Special Solutions, SIA eBIT and SIA Open ID completed
05/06/2014
SIA Autentica was founded in 2014 as a result of merger among SIA Special Solutions, SIA eBIT and SIA Open ID. Reorganisation enabled us to provide a new and broader set of services and fostered our growth in local and international market.
SIA Special Solutions was founded in 2008 and was providing software development and maintenance services for Latvian market. SIA Open ID was founded in 2010 and was providing development of authentication solutions for Latvian market. SIA eBIT was founded in 2011 and providing IT consulting, software development and maintenance services in Nordic European market.
Decision about making a merger was carefully weighted. It took approximately one and a half years to go from the idea to the actual reorganisation. Management of all involved companies made thorough analysis of all benefits and drawbacks of the merger. Conclusion was that by merging the companies will give us broader skill and knowledge set, increase delivery and management capacity, improve career opportunities for our employees and strengthen our position in the market. Merger was completed on 04.06.2014, when changes were made in commerce register of Latvia.