136:($ 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. In 2008, including two subsidiaries, the company had approximately 30 employees; in 2009, revenues were approximately 81 million kroner ($ 13,794,792 USD, per 2012 currency exchange rates).
113:
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. In an interview with
132:. 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
217:"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,"
128:.) 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
259:"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,"
165:
bought PowerTech's share in 2008. Start Bredbånd (broadband) and
Whitebird New Media, former subsidiaries, were absorbed into PowerTech on December 1, 2009. The company was sold to Broadnet in February 2016.
321:"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,"
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332:: "Dagbladet og PowerTech står bak den nye tjenesten i samarbeid med Yahoo!, NetSolution, DoubleClick og fotballklubben Start." - "
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in 1994, they said "their biggest dream was to give the
Internet to the people." (They were also interviewed that year by
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151:. Numerous other ISPs appeared in Norway in 1996/97, most of which no longer exist. The company was part owner with
305:"Nettportalen taper penger: Dagbladet-eide Start.no klarte ikke å levere positive resultater for 2007,"
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Approximately $ 81 million kroner (2009) ($ 13,794,792 USD, per 2012 currency exchange rates)
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184:"Nøkkelopplysninger fra Enhetsregisteret - Brønnøysundregistrene"
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and PowerTech are behind the new service, in collaboration with
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PowerTech's original rival was OsloNett, which was started by
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391:Jørgenrud, Marius B. (2016-02-29).
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124:in the program "Opp Med Norge" on
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92:PowerTech Information Systems AS
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378:, press release, PowerTech.no
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358:"SOL og Dagbladet går sammen,"
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444:1993 establishments in Norway
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17:PowerTech Information Systems
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103:Internet service provider
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344:, and the football club
143:professionals from the
319:Unn Conradi Andersen,
303:Sverre Rørvik Nilsen,
328:, September 19, 1999
291:, November 21, 2008
215:Gunhild M. Haugnes,
271:, January 12, 2010
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283:Marius Jørgenrud,
264:2011-05-09 at the
163:Scandinavia Online
145:University of Oslo
122:Alf Tande-Petersen
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224:January 26, 2003
105:founded in 1993.
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191:. Retrieved
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38:Headquarters
342:DoubleClick
221:Aftenposten
188:w2.brreg.no
117:Aftenposten
433:Categories
402:2022-06-22
193:2022-06-22
170:References
81:.powertech
334:Dagbladet
325:Dagbladet
236:Video at
154:Dagbladet
100:Norwegian
262:Archived
130:Akershus
56:Services
397:Digi.no
289:Digi.no
149:Telenor
109:History
98:-based
74:Website
66:Revenue
30:Founder
22:Founded
338:Yahoo!
134:kroner
94:is an
49:Norway
346:Start
96:Oslo
43:Oslo
25:1993
126:NRK
83:.no
79:www
435::
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348:."
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248:^
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141:IT
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