Everbridge, Inc. (NasdaqGM:EVBG) acquired Svensk Krisledning AB for $2.7 million on December 30, 2016. Under the terms of the transaction, Everbridge will pay $2.3 million in cash and $0.4 million as earnout payments. Svensk Krisledning is now a wholly owned subsidiary of Everbridge and the company's employees will remain based in Stockholm. The transaction is not expected to have a material impact on 2017 revenue or profitability. Everbridge, Inc. (NasdaqGM:EVBG) completed the acquisition of Svensk Krisledning AB on December 30, 2016.