Technology Nexus AB
Technology Nexus AB (Nexus) is engaged in providing information technology security solutions and product sourcing within the information security sector to its clients. The company operates its business through two segments, namely, e-Security Solutions and e-Communication Solutions. Nexus provides several services such as Nexus Security Solutions, e-Communication Solutions, Safe Identity Service, Safe Login Service, Safe Signing Service, and Cloud Service among others. The company employs technologies such as PKI and SAML for authentication and identification purpose. The company principally serves various industries such as financial services, manufacturing, telecom and the public sector. Nexus operates in France and Germany through its subsidiaries, Nexus Technology SAS and Nexus Technology GmbH, respectively. The company is headquartered in Stockholm, Sweden.The company reported revenues of (Swedish Krona) SEK 68.98 million during the fiscal year ended December 2008, an increase of 0.62% over 2007. The operating loss of the company was SEK 19.02 million during the fiscal year 2008, as compared to an operating loss of SEK 34.09 million during 2007. The net profit of the company was SEK 5.23 million during the fiscal year 2008, whereas the company reported a net loss of SEK 28.56 million during 2007.