SIGMA CONNECTIVITY AB ACQUIRES STOCKHOLM BASED WIRELESS SYSTEM INTEGRATION FROM ALLGON AB

-The acquisition of WSI will give Sigma Connectivity a solid foothold in Stockholm and strengthen the unique capabilities and competence offered to existing and new customers. WSI will continue to operate as a separate daughter company with full support of the Sigma Connectivity Group.

"This is a good transaction in many ways. Our subsidiary WSI will get a new strong home and potential to grow. At the same time this path gives Allgon better opportunities for refinement and expansion", says Johan Hårdén, CEO Allgon

WSI and Sigma Connectivity already have a similar company culture and client base, and together they create a unique offer within connectivity, product and service development. Acquiring WSI means that Sigma Connectivity will strengthen their offering to their Stockholm based customers, and at the same time, deliver the right competence locally.

“WSI is a company with a unique wireless competence and proven track record in delivering connected solutions. WSI being based in Kista and Sigma Connectivity in Lund have a very similar culture and both share a common telecom history. We are excited to welcome a group of experienced engineers to our team, and will continue to run WSI as an independent subsidiary to Sigma Connectivity under the name Sigma Connectivity WSI AB.” – Björn Lundqvist, CEO Sigma Connectivity Group

Sigma Connectivity AB

Sigma Connectivity is a global design house with the mission to innovate and create value and growth with connected solutions and devices which makes them, and their partners, unique.

They have, has since being acquired from Sony Mobile in 2013, successfully increased the number of active engineers from 180 to over 500, and are operating from 8 sites world wide.

WSI AB

We help clients thrive in a connected world by designing and developing products and solutions that create value

WSI has a deep understanding of what makes a product work, both from a business and technical perspective. We can choose from our wide network of best-in-class partners to create a development dream team for your solution.

In our state-of-the-art laboratories and chambers, we can develop physical products. We also have a SandBox Lab in the cloud to prototype and learn rapidly. Our IoT cloud can be used to manage devices, as well as analyze and enhance data.

For more information, contact:

Elin Jönsson

PR & Communications Manager Sigma Connectivity AB

elin.jonsson@sigmaconnectivity.se

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