Telecomunicazioni
Season Group's acquisition of Pycom Ltd-a global IoT technology startup with a vision to give all connected ideas an opportunity to succeed
All assets will be purchased by Pycom BV, a newly established company in the Netherlands , and will run as an autonomous subsidiary to maintain its start-up culture. CEO of Season Group Carl Hung states "We view this acquisition as an aqui-hire. The team in Eindhoven Pycom will be retained. Their expertise in IoT hardware, firmware, and cloud development will complement Season Group's existing IoT capabilities well and further speed up our development for customers." Pycom BV will continue to help developers productize their unique concepts into reality with Season Group's customized end-to-end services.
Christian Ehlers , CTO of Pycom BV, states, "We are very excited to be joining Season Group, who are committed to pushing the release of the F01-S3 that will complement the existing product line by leveraging the latest technologies from our partners Espressif, Semtech and Sequans. It is a great match as Season Group's manufacturing capabilities in UK, Mexico , Malaysia , and China will help our customers in launching IoT devices even easier."
Contact:
Aisham Zaha
Season Group
Email: aisham.zaha@seasongroup.com
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