Sitowise strengthens its position in the IT sector - acquisition of Sweetlakes
Sitowise is strengthening its position as a Finnish pioneer in digital solutions for mobility and the built environment.
Sitowise, a Nordic expert in digital solutions and the built environment, has acquired Sweetlakes Oy, which specializes in both cloud and mobile development and IT system solutions for the security sector. This is the second acquisition that Sitowise will make in February. Sitowise is strengthening its position as a Finnish pioneer in digital solutions for mobility and the built environment.
“Our projects revolve around sustainable urban development. Through our work, we enable more effective data utilization, provide a better knowledge base for decision-making, and make it easier for both our customers and the general population to access information. Sweetlakes’ technology expertise will ensure that we remain at the forefront of development in our sector,” says Teemu Virtanen, Business Director, Digital Solutions at Sitowise.
Sitowise develops digital solutions for a broad range of clients, such as the Finnish Transport Infrastructure Agency, Traficom, Metsähallitus, Fingrid, telecommunications operators, the City of Helsinki, and many Finnish municipalities. This acquisition will provide a further boost to Sitowise’s already booming business in smart solutions for mobility and the built environment.
Sweetlakes is the second acquisition that Sitowise will make in February. Only last week, Sitowise expanded its operations in Sweden with the acquisition of the technical building systems expert VVS-Kompetens AB. Sitowise is aiming to expand in the Nordic countries and become the Nordic market leader in digital solutions for mobility and the built environment.
“Our changing world is constantly challenging us in a good way. We therefore have a continual need for top experts and new technological know-how. Sweetlakes’ expertise and culture of getting things done perfectly gel with our own approach,” says Milla Lötjönen, Director, Mobility & Digital Services at Sitowise.
Sweetlakes will provide a particular boost to Sitowise’s expertise in cloud and mobile development, as well as expertise in IT system solutions for the security sector. The company employs 12 application developers in Jyväskylä and Tampere.
“Becoming part of Sitowise is a great step forward for Sweetlakes. We’ll provide Sitowise with key expertise in cloud architectures, mobile solutions and embedded systems,” says Sweetlakes’ CEO, Mikko Ahonen.
Sitowise will acquire Sweetlakes’ entire share capital. All 12 of Sweetlakes’ experts will continue in their present positions.
Milla Lötjönen, Director, Mobility & Digital Services, Sitowise, tel. +358 44 532 0611, firstname.lastname@example.org
Teemu Virtanen, Business Director, Digital Solutions, Sitowise, tel. +358 50 404 6622, email@example.com
Mikko Ahonen, CEO, Sweetlakes, tel. +358 40 506 3520, firstname.lastname@example.org