Nýherji is an Icelandic

Iceland

Iceland , described as the Republic of Iceland, is a Nordic and European island country in the North Atlantic Ocean, on the Mid-Atlantic Ridge. Iceland also refers to the main island of the country, which contains almost all the population and almost all the land area. The country has a population...

 company that provides information technology

Information technology

Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...

 services.

Profile

Nýherji has holdings in numerous subsidiaries: Applicon in Sweden, Denmark, UK and Iceland, ParX Business Consulting ehf., Dansupport in Denmark, Klak ehf., SimDex ehf. and Linkur ehf. It currently has approximately 750 employees.

History

Nýherji was formed in 1992 through the merger of IBM Iceland hf. and Skrifstofuvélar-Sund hf. Shares in Nyherji were listed on the Iceland Stock Exchange

Iceland Stock Exchange

NASDAQ OMX Iceland or ICEX was established in 1985 as a joint venture of several banks and brokerage firms on the initiative of the central bank. Trading began in 1986 in Icelandic government bonds, and trading in equities began in 1990. Equities trading increased rapidly thereafter...

in 1997, and their price was 23.2 at year-end 2007.