Space Hellas announces the completion of the 100% acquisition of SenseOne Technologies SA, a leading company in the provision of integrated Internet of Things (IoT) solutions in Greece and abroad.
The investment in SenseOne that amounted to a total of 954,000 thousand euros was completed in two phases, the first with the acquisition of 49% held by Messrs. G. Theodoropoulos and P. Tzortzakis and the second with the acquisition of 51% by SingularLogic and aims to strengthen the product range of Space Hellas, as well as to place it on the market with its own IoT platform.
SenseOne has been active since 2013 with an international presence. The technological solutions offered in the field of Internet of Things and the “SenseOne IoT Platfom” that she has developed, have been recognized and awarded both inside and outside Greece with many innovation awards in the field of IoT. SenseOne solutions are focused in the areas “Intelligent, Sustainable and Resilient Cities, Industries, Buildings”.
The company designs and implements Internet of Things projects of various levels, covering the huge market need for a holistic image through the interoperability of devices, sensors and methods, an image provided by its pioneering platform. The “SenseOne IoT Platform” collects data from systems of different technologies, integrates them and presents them with a single and clear model, providing valuable and timely information for targeted decisions, thus helping to optimize resource consumption, reduce costs, increase productivity and improve efficiency in a sustainable way.
SenseOne’s existing customer base includes Banks, Large Enterprises, Industrial Units, Hospitals, Schools and Universities, as well as Municipalities.
Space Hellas through SenseOne will utilize the dynamics of the platform and the accumulated know-how of its subsidiary for the implementation of “smart projects” (Intelligent IoT projects), aiming to offer incomparable advantages and integrated solutions in the Greek and international market.
Source From: Capital