DNV acquires Tireno - DNV Germany

DNV press release
28 December 2005
DNV acquires Tireno
Hamburg: Tireno Innovations AG – a provider of IT Management services has been
acquired by DNV. This move strengthens DNV’s ability to help companies optimise their
business processes in a cost-efficient manner.
Tireno Innovations AG, established in 2000 and based in Hamburg, has a strong broad service portfolio within IT
Management, working in sectors such as telecommunications, media, retail, banks, finance, transportation and
utilities.
Tireno will strengthen DNV’s Consulting business. DNV Consulting offers a broad range of risk management
services, including IT risk management. The combined expertise of DNV and Tireno will offer the market the full
range of IT risk management services, delivering the objective of managing systems and software safely and
responsibly.
Managing Risk in Systems and Software
As failure of IT systems can lead to disruption of critical business processes, security breaches, and much more, the
ability to manage the risks of information and communication technology is crucial.
“Tireno and DNV are ideally suited to meet market demand for developing and implementing IT
processes/systems to optimise customer business processes in a cost-efficient manner with the required business
continuity and reliability,” says Iain Light, Chief Operating Officer of DNV Consulting. He continues: “The
Tireno service offering forms a strong platform on which to build the future DNV service offering in Germany.
This also builds on DNV’s software related services offered by Q-Labs, a software process improvement firm
where DNV is the majority owner.”
Over the years, DNV has built a foundation of knowledge and experience within IT risk management that has come
from extensive use of IT-systems, as well as close co-operation with customers and partners in multiple ITintensive
projects. More than 400 employees work with IT-related services in DNV, in addition to 100 consultants
in Q-Labs. This accounts for close to eight per cent of DNV’s staff.
Stephan Pohlmann, Managing Director, Tireno says: “There are exciting synergies in this relationship. Our service
offering fits well with DNV’s IT Risk Management offering and we operate in many of the same market sectors. In
addition we share the same objectives and values. Minimising IT risks will be one of the major challenges to
enterprises in the future. Together with DNV, we are able to help our clients master these challenges.”
The acquisition of Tireno is part of DNV’s growth strategy in the IT Risk Management area.
For further information, please contact:
Stephan Pohlmann, Tireno Innovations AG, Hamburg, +49 40 67 10 22 - 88
Dr. Dieter Hansen, DNV Consulting, Essen, +49 201 7296 443 or
Ola Sannes, DNV Consulting, Oslo, +47 67 57 80 95
For more information, contact
DNV Corporate Communications, tel +47 67 57 91 26
www.dnv.com

DNV press release
28 December 2005
Note to editors
DNV is a global provider of services for managing risk. Established in 1864, DNV is an independent
foundation with the objective of safeguarding life, property and the environment. DNV comprises 300 offices
in 100 countries, with 6,500 employees.
For more information, contact
DNV Corporate Communications, tel +47 67 57 91 26
www.dnv.com