The Qt Company Ltd (“The Qt Company”), a wholly owned subsidiary of Qt Group Plc, has announced a public tender offer to the shareholders of I.A.R. Systems Group AB (publ) (“IAR”) to tender all class B shares in IAR to The Qt Company at a price of SEK 180 in cash per share
IAR provides software and services for embedded development used by companies worldwide for creation of secure products. Headquartered in Uppsala, Sweden, IAR has a global presence of sales and support offices worldwide. The shares in IAR are traded on Nasdaq Stockholm, Mid Cap. The offer values IAR at approximately SEK 2,293 million.
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