PowerTech Information Systems

Last updated
PowerTech Information Systems
Founded1993
FounderØystein Homelien, Lars Nøring, Harald Paulsen, and Henrik Dramstad
Headquarters,
Services Internet service provider
RevenueApproximately $81 million kroner (2009) ($13,794,792 USD, per 2012 currency exchange rates)
Website www.powertech.no

PowerTech Information Systems AS [1] is an Oslo-based Norwegian Internet service provider founded in 1993.

Contents

History

PowerTech was founded in fall 1993, in tiny quarters in Storgata, Oslo, by teenagers Øystein Homelien, Lars Nøring, Harald Paulsen, and Henry Dramstad. They had dropped out of school and were all still minors; Nøring's father became chairman of the company for legal reasons. [2] In an interview with Aftenposten in 1994, they said "their biggest dream was to give the Internet to the people." [2] (They were also interviewed that year by Alf Tande-Petersen in the program "Opp Med Norge" on NRK. [3] [4] ) They initially provided internet service only to individuals, but later changed their focus to small- to mid-sized companies; they now primarily provide commercial broadband and hosting services, mainly to companies in Oslo and Akershus. [4] Initially, the founders drew only minimal salaries from the company, and in 1996/97, the company took out a large loan to replace aging equipment. In 2003, three of the founders were still active with the company, which had annual revenues of approximately 30 million kroner ($5,173,047 USD, per 2012 currency exchange rates), had received outside investment of some four million kroner, and was still 50% owned by the four founders and their families. [2] In 2008, including two subsidiaries, the company had approximately 30 employees; [5] in 2009, revenues were approximately 81 million kroner ($13,794,792 USD, per 2012 currency exchange rates). [4]

PowerTech's original rival was OsloNett, which was started by IT professionals from the University of Oslo and was later acquired by Telenor. Numerous other ISPs appeared in Norway in 1996/97, most of which no longer exist. [2] The company was part owner with Dagbladet of the internet portal Start.no, [2] [6] [7] which is now the Start Network; Scandinavia Online bought PowerTech's share in 2008. [8] Start Bredbånd (broadband) and Whitebird New Media, former subsidiaries, were absorbed into PowerTech on December 1, 2009. [9] The company was sold to Broadnet in February 2016. [10]

Related Research Articles

Nordstrand, Norway Borough in Norway

Nordstrand is a borough of the city of Oslo, Norway. It borders Gamle Oslo in the north, Østensjø in the east and Søndre Nordstrand in the south.

Simen Agdestein Norwegian chess player and footballer

Simen Agdestein is a Norwegian chess grandmaster, chess coach, author, and former professional footballer as a striker for the Norway national football team.

Coast Air

Coast Air AS was a regional airline based at Haugesund Airport, Karmøy in Norway. It was Norway's fourth largest airline and operated domestic services within Norway, in addition to international services. Routes were concentrated along the West Coast, as well as some public service obligation contracts in Southern Norway. The company had a fleet of de Havilland Canada Twin Otter aircraft, later replaced with Jetstream 31s and ATR 42s.

Sognsvann Line Rapid transit line in Oslo, Norway

The Sognsvann Line is a rapid transit line on the Oslo Metro of Norway. It branches from the Common Tunnel at Majorstuen and runs 6.0 kilometers (3.7 mi) to Sognsvann. After Ullevål stadion, the Ring Line branches off. The Sognsvann Line serves the northwestern and northern neighborhoods of Oslo, mostly within the borough of Nordre Aker. The line is owned and maintained by Kollektivtransportproduksjon and has nine stations. The western end of line 5 serves the entire line. Line 4 and the eastern end of line 5 serve the southern part of the line up to Ullevål stadion before branching off and continuing along the Ring Line. This gives an average five-minute headway on the southern part and an average fifteen-minute headway on the northern part of the line.

NSB Class 73 Class of 22 Norwegian electric multiple units

NSB Class 73 is a class of 22 electric multiple units built by Adtranz for the Norwegian State Railways. The four-car trains were modifications of Class 71, which was again based on the Swedish X2. The A-series consists of 16 intercity trains; they were delivered in 1999 and 2000 and are used on the Bergen, Dovre and Sørland Lines. The intercity service was branded as Signatur until 2003. The B-series consists of six regional trains delivered in 2002 and used on the Østfold Line. The regional trains were originally part of the Agenda concept. The trains have a power output of 2,646 kilowatts (3,548 hp) and a maximum speed of 210 km/h (130 mph). They have an overall length of 108 meters (354 ft) and have a capacity for 208 seated passengers in the A-series and 250 in the B-series. The trains have a tilting mechanism allowing for faster travel through curves.

Partnair A/S was a Norwegian charter airline which operated from 1971 to 1989. During the later 1980s it was Norway's fifth-largest airline by revenue, operating a fleet of three Convair CV-580 and six Beechcraft Super King Air. The airline was based at Oslo Airport, Fornebu, as well as operating a base at Stavanger Airport, Sola.

24SevenOffice Norwegian software company

24SevenOffice is a Norwegian software company with headquarters in Oslo, Norway, and offices in Stockholm, Sweden and London, UK. Founded in 1997, the company specializes in web-based (SaaS) Enterprise resource planning systems.

Color Air Former Norwegian airline

Color Air AS was the first Norwegian low-cost airline. It operated from Oslo Airport, Gardermoen in 1998 and 1999 with a fleet of three Boeing 737-300 aircraft. Color Air was a brand extension of Color Line, which shared a common owner in the Olav Nils Sunde-controlled Color Group. The airline operated five daily round trips from Oslo to Trondheim and Bergen, four to Ålesund and one to London, in addition to a weekly trip to Alicante. Color Air pioneered the low-cost business model in Norway, with a denser seating, no frills and lack of a frequent flyer program. Tickets were sold only via the Internet, by telephone or in supermarkets; when bought from travel agents, there was a 200 kr surcharge.

Vy Gjøvikbanen Norwegian railway company, part of the Vy Group

Vy Gjøvikbanen AS is a Norwegian railway company that operates the passenger train service on the Gjøvik Line. A subsidiary of the state-owned Vy, it operates a fleet of nine Class 69g three-car electric multiple units. NSB Gjøvikbanen provides two different services: the Skøyen – Oslo S – Jaren service is part of the Oslo Commuter Rail; while Oslo S – Gjøvik is a regional service, with only limited stops on the route until Grua. Departures are each 40 minutes, with every third train running to Gjøvik.

Moss Airport, Rygge International airport serving Moss, Oslo, and Eastern Norway

Moss Airport, Rygge was an international airport serving Moss, Oslo and Eastern Norway. It is located in Rygge, 10 kilometres (6.2 mi) outside Moss and 60 kilometres (37 mi) outside Oslo. It also served as a regional airport for Østfold county and owned and was operated by the private company Rygge Sivile Lufthavn AS.

Holstein (station) Oslo metro station

Holstein is a station on the Sognsvann Line of the Oslo Metro in Norway. The station is located between Kringsjå and Østhorn stations. Holstein was opened during the Second World War, in 1941. Formerly Nordberg was the next southbound station, but it was closed in 1992, at the same time as Holstein was re-built with longer platforms and new ticket machines. The name Holstein is believed to origin from Schleswig-Holstein in Germany.

Tore Reginiussen Norwegian association football player

Tore Reginiussen is a Norwegian professional footballer who plays for Alta. Reginiussen has previously played for the clubs Tromsø, Schalke 04, Lecce, OB, Rosenborg and FC St. Pauli and has been capped playing for Norway. Reginiussen plays as a centre back, but can also play as a central midfielder.

Hadia Tajik Norwegian politician

Hadia Tajik is a Pakistani-Norwegian jurist, journalist and politician from the Labour Party. She served as Minister of Labour and Social Inclusion from 2021 to 2022. She previously served as Minister of Culture from 2012 to 2013. She was 29 years of age at the time and became the youngest minister to serve in the Norwegian government. She is the first Cabinet member that is a Muslim. Tajik has served as a Member of Parliament representing Rogaland since 2017, and Oslo from 2009 to 2017. She was also the party’s deputy leader from 2015 until 2022.

Alf Tande-Petersen, nicknamed Tande-P, is a Norwegian television personality, journalist, writer and businessperson. In his early career he wrote for newspapers and was a radio presenter, and he has released books in several genres, mostly humor and crime novels. He was also behind various revues and stage shows. As a television presenter he was very successful, peaking in 1992 with the show Tande-På programmet which at times was viewed by almost half of Norway's population. He also had a business venture as a restaurant owner, but after three years the companies went bankrupt.

Alf Næsheim Norwegian painter and illustrator

Alf Gabriel Næsheim was a Norwegian painter and illustrator, mostly known for his architectural drawings from the city of Oslo, but also for being the first Norwegian artist that illustrated Disney comic book stories featuring Donald Duck.

The Pelle group was a Norwegian resistance group that conducted acts of sabotage against the German occupation of Norway in Østlandet during the autumn of 1944.

Anne Gravingen and Bendik Romstad

Anne Gravingen and Bendik Romstad are a married couple of former advertising agents, now food entrepreneurs, who have worked together continuously since they studied together at Westerdals School of Communication in 1994. They were named by Aftenposten in 2005 as Norway's most creative couple.

The 2019 1. divisjon was a Norwegian second-tier football league season.

<i>Sas Plus/Sas Pussy</i> 2019 EP by Karpe

Sas Plus/Sas Pussy is the second extended play (EP) by the Norwegian hip hop duo Karpe, composed of rappers Magdi Omar Ytreeide Abdelmaguid and Chirag Rashmikant Patel. It was released on February 22, 2019, through Apen og Kjeften and distributed by Sony Music. The EP follows the duo's fifth studio album Heisann Montebello (2016), and the collaborative EP Mars (2018) with Unge Ferrari and Arif. It features guest vocals from Isah and Emilie Nicolas. Production was handled by Aksel "Axxe" Carlson and Thomas Kongshavn.

Eva Røine is a Norwegian psychologist and author.

References

  1. "Nøkkelopplysninger fra Enhetsregisteret - Brønnøysundregistrene". w2.brreg.no. Retrieved 2022-06-22.
  2. 1 2 3 4 5 Gunhild M. Haugnes, "Nerder med ni liv: Tidlig på 90-tallet droppet fire unge tenåringer skolen for å skape sitt eget IT-eventyr. Og etter ti vellykkede år i tidenes mest turbulente bransje peker pilene fortsatt i været for de unge gründerne i Powertech," Aftenposten January 26, 2003 (in Norwegian)
  3. Video at Om PowerTech, PowerTech.no (in Norwegian)
  4. 1 2 3 Magnus A. Koren and Sverre Rørvik Nilsen, "Satset på internett i 1994: Oslo-selskapet Powertech, som tilbyr bredbåndstilgang og hosting-tjenester, omsatte for 81 millioner i 2009. De da mindreårige gründerne ble intervjuet av Tande P allerede i 1994," Archived 2011-05-09 at the Wayback Machine E24 Næringsliv, January 12, 2010 (in Norwegian)
  5. Marius Jørgenrud, "Powertech er femten år: En av landets aller første nettleverandører fyller rundt tall", Digi.no, November 21, 2008 (in Norwegian)
  6. Sverre Rørvik Nilsen, "Nettportalen taper penger: Dagbladet-eide Start.no klarte ikke å levere positive resultater for 2007," Hegnar Online, April 8, 2008 (in Norwegian)
  7. Unn Conradi Andersen, "Dagbladet med gratis Internett: I dag lanseres nettportalen start.dagbladet.no. Som første norske nettavis tilbyr Dagbladet på nettet gratis Internett og gratis e-post til sine brukere," Dagbladet , September 19, 1999 (in Norwegian): "Dagbladet og PowerTech står bak den nye tjenesten i samarbeid med Yahoo!, NetSolution, DoubleClick og fotballklubben Start." - "Dagbladet and PowerTech are behind the new service, in collaboration with Yahoo!, NetSolution, DoubleClick, and the football club Start."
  8. "SOL og Dagbladet går sammen," NA24 Propaganda, May 15, 2008 (in Norwegian)
  9. PowerTech fusjonerer inn datterselskaper, press release, PowerTech.no (in Norwegian)
  10. Jørgenrud, Marius B. (2016-02-29). "Powertech solgt til Broadnet". Digi.no. Retrieved 2022-06-22.