Framfab
 | |
| Formerly | Framtidsfabriken |
|---|---|
| Industry | Internet consulting |
| Founded | 1995 |
| Founder | Jonas Birgersson |
| Defunct | 2006 |
| Fate | Merger with LB Icon |
| Successor | LBi |
| Headquarters | , |
Framfab, originally Framtidsfabriken (literally "the Future Factory"), was a Swedish internet consultancy founded in 1995 by Jonas Birgersson and associates.[1] Framfab expanded rapidly during the dot-com boom and became for a time Europe's largest internet consultancy, valued at approximately SEK 42 billion at its peak.[2]
History
[edit]Framfab provided strategic and internet consulting services. By July 2000, the company employed 1,700 people in eight countries and had a market capitalization of $1.7 billion. Its clients included Volvo, Kellogg's, Commerzbank, Bosch, IKEA and Nike.[3]
The company was listed on the Stockholm Stock Exchange in 1999 and expanded through acquisitions during the internet boom.[2] At its peak, Framfab had around 3,000 employees and was valued at approximately SEK 42 billion.[2]
Following the collapse of the dot-com market, Framfab's share price fell sharply and the company reduced its workforce and operations.[2] Birgersson left the position of chief executive in November 2000.[2]
In 2006, Framfab and the digital agency LB Icon agreed to merge. The combined company had approximately 1,200 employees in ten countries and annualized revenue exceeding SEK 1.5 billion.[4] The merger was completed in July 2006, with LB Icon absorbed into Framfab and the combined company renamed LBi International.[5]
References
[edit]- ↑ Latour, Almar (16 December 1999). "Young Swedish Chief Executive Pushes the Internet to the Next Level". The Wall Street Journal. Retrieved 8 September 2026.
- 1 2 3 4 5 "Framfab med Jonas Birgersson i spetsen blir störst i Europa" (in Swedish). Internetmuseum. Retrieved 8 September 2026.
- ↑ Schenker, Jennifer L. (3 July 2000). "Military Intelligence". Time. Retrieved 8 September 2026.
- ↑ Hård, Mats (21 March 2006). "LB Icon och Framfab går samman". Svenska Dagbladet (in Swedish). Retrieved 8 September 2026.
- ↑ "Permission to implement the merger between Framfab and LB Icon granted by the Swedish Companies Registration Office" (Press release). LBI. 12 July 2006. Retrieved 8 September 2026.