Sitowise Oy, which provides built environment expert and digital services, has acquired the entire share capital of Sweetlakes. Sweetlakes specializes in cloud and mobile development as well as security information system solutions. This is the second acquisition that Sitowise has made in February. Together Sitowise and Sweetlakes strengthen their position as a Finnish pioneer in digital solutions for the built environment and mobility.

- Responsible urban development is at the very core of our projects. Through our work, we enable more efficient use of data, facilitate access to information for customers and citizens, and provide a better information base for decision-making. Sweetlakes' technological know-how strengthens our position at the forefront of industry development, says Teemu Virtanen, director of Digital Solutions at Sitowise.

Sitowise provides digital solutions for e.g. Finnish Transport Infrastructure Agency, Traficom, Metsähallitus, Fingrid, telecom operators, City of Helsinki and several Finnish municipalities. The acquisition will boost the already well-established business of smart solutions for the built environment and mobility.

The Sweetlakes acquisition is already the second acquisition for Sitowise in February. The previous week, Sitowise expanded its operations in Sweden by acquiring the HPAC specialist VVS-Kompetens AB. The goal of Sitowise is to expand its operations to the Nordics and to lead the Nordic countries in the areas of digital solutions for the built environment and mobility, for example.

– The Sweetlakes expertise and culture fit in perfectly with ours. This changing world keeps challenging us in a good way. That is why we constantly need high-class experts and new technological know-how, says Milla Lötjönen, director of Mobility and Digital Services of Transport Infrastructure at Sitowise. 

Sweetlakes employs 12 software developers in Jyväskylä and Tampere. The acquisition strengthen especially expertise within cloud and mobile development as well as security sector information system solutions.

– Joining the Sitowise story is a great leap ahead for Sweetlakes. We bring key expertise to Sitowise in cloud architectures, mobile solutions and embedded systems, says Sweetlakes CEO Mikko Ahonen.

Sitowise acquires the entire Sweetlakes share capital in the transaction. All 12 experts of Sweetlakes will continue in their current positions.

Further Information

Teemu Virtanen, Director, Digital Solutions, Sitowise Oy
p. 050 404 6622, teemu.virtanen@sitowise.com

Milla Lötjönen, Director, Mobility and Digital Services of Transport Infrastructure, Sitowise Oy
p. 044 532 0611, milla.lotjonen@sitowise.com

Mikko Ahonen, CEO, Sweetlakes Oy
+358 40 5063520, mikko.ahonen@sweetlakes.com