DLA Piper advised Solteq Plc (Nasdaq: STQ1V) on the divestment of MainIoT Software Ltd, its fully owned subsidiary which provides maintenance and service management solutions for mainly manufacturing, restructuring, energy and infrastructure sectors. The purchaser is IFS Group, a globally operating company developing and delivering business software for enterprise resource planning, enterprise asset management and enterprise service management.

The DLA Piper team, led by partner Markus Oksanen, included counsel Valtteri Vimpari, partner Tuija Kaijalainen and associate Salla Turkkinen (Helsinki).