FotoWare was acquired by Viking ventures

FotoWare, an Oslo, Norway-based developer of Digital Asset Management software, announced that it entered into an investment agreement for selling the majority equity package to Viking Venture.

Financial details were not disclosed.

Fotoware was founded in 1997 by Ole Christian Frenning (former press photographer 1974-1985 and photo editor of Aftenposten1985-1991) and Anders Bergman (former leader of development at Hasselblad Electronic Imaging 1985 - 1994) and was one of the first in the world to offer a DAM system.

The company, led by CEO Anne Gretland, has built a solid customer base which includes NBC Universal, Financial Times, The Economist, and London Metropolitan Police.