EDB ErgoGroup ASA was formed in 2010 with the merger of EDB Business Partner and ErgoGroup.[6]Telenor owned most of the shares of ErgoGroup. The company subsequently changed its name to EVRY ASA in April 2012.[7]
In August 2014, EVRY announced that it was initiating a process to investigate strategic opportunities. This was motivated by its assessment of the IT sector in the Nordic countries.[8] In March 2015, Apax Partners became the majority owner of the company, a new board was appointed and it decided to apply for a de-listing from the stock exchange.[9] On 29 October 2015, the company was delisted from the Oslo Stock Exchange.[10]
In August 2015, following the loss of a contract with the Norwegian bank DNB, EVRY announced it would lay off 500–550 workers in Norway and Sweden to increase profits, saving NOK 400–500 million (about US$50–60 million).[11] In October 2015, it announced the transfer of a further 600 employees to IBM in an outsourcing deal worth US$1 billion.[12]
On 13 December 2018, Handelsbanken and EVRY entered into an agreement for the delivery of next-generation core banking and payment services in Finland. The agreement representeds a total contract value of approximately NOK 650 million and runs for a period of eight years.[citation needed]
In 2019, it was announced that Evry would merge with Tieto.[13] The merged company, TietoEVRY, began operations on 2 January 2020.[14]
EVRY acquired Span Infotech, an Indian IT company, which was renamed EVRY India to be coherent with its parent company.[15] EVRY India is a software services company headquartered in Bangalore and Chandigarh and a provider of IT and software product development services to customers based in America and Europe region, operating in banking and financial services, insurance, healthcare, retail and logistics industries.[16]
In 2016, EVRY announced it would double the manpower at its Indian subsidiary, then at 600 in Mohali and 1,500 in Bengaluru, over three years, investing INR 1–1.25 billion.[17]
