Danish IoT technology provider Develco Products has acquired Datek Smart Home, one of three divisions of the Norwegian company Datek, to provide best-of-breed IoT hardware and cloud services in Europe and North America.
After working together on several projects, the joint company now headquartered in Denmark provides individual sensor devices, gateways and dedicated IoT support. By integrating Datek Smart Home’s expertise, Develco Products strengthens its position in the IoT market for safe, energy efficient homes.
Karsten Ries, group CEO of Develco Products, said: “We are beyond excited about this new chapter and look forward to working together on a turn-key IoT platform with global reach. Datek Smart Home’s software and expertise are extremely valuable additions to our product portfolio, enabling us to offer both an IoT hardware platform and complete solutions within security and energy.”
Sondre Aarrestad, CEO at Datek Smart Home, said: “Datek Smart Home is thrilled to join Develco Products and continue providing IoT cloud solutions together with our new colleagues in Denmark. We are looking forward to taking our business worldwide and bringing smart security and energy management services to international customers.”