03:34 AM EDT, 10/27/2026 (MT Newswires) -- Valmet (VALMT.HE) agreed to buy software company Tieto's (TIETO.HE, TIETO.ST) manufacturing execution system business, according to a Tuesday release. The Finland-listed technology group said the deal includes the Tips MES for production planning and execution, along with the Order to Cash offering for the pulp, paper and fiber sector. The acquired business will operate under Valmet's process performance solutions segment. Completion is expected in the second quarter of 2027, subject to customary closing conditions.

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