COBALT advised an Estonian software company Helmes on acquiring the shares of T2T from Latvian technology and entertainment company Tet, which the former is a subsidiary of. According to Helmes, the purpose of the transaction is to accelerate growth and attract new employees and strategic customers.
T2T is a software development company that has been operating independently of Tet, formerly Lattelecom, for some time now and which, in addition to the services provided to Tet, has carried out major projects for both public and private sector clients. The company has offices in Riga and Vilnius.
Helmes is an international software house headquartered in Tallinn, Estonia with clients across all Europe.