Wirtek acquires Seluxit assets
Company announcement no. 8/2024
11 July 2024
This announcement contains inside information
Wirtek has acquired the assets from Seluxit A/S, a Danish IoT company that filed for bankruptcy on 26 June 2024.
Wirtek is focused on growing our business within clean energy, and Wirtek’s Energy business unit grew revenue by 82% in Q1 2024 compared to Q1 2023. As part of this asset acquisition, Wirtek gains ownership of Seluxit’s stable, scalable and secure IoT platform and EMS solution. This significantly broadens Wirtek’s service offerings in the clean energy sector and allows Wirtek to scale the business with both products and licenses on top of Wirtek’s existing IT services offering.
The acquired assets also include an EdTech solution based on Seluxit’s IoT platform that is targeted the education of students.
Wirtek takes over Seluxit’s client relations and will employ key Seluxit personnel to continue the delivery of Seluxit products and services without interruptions.
Further details about the acquisition of the Seluxit assets and its potential impact on the financial expectations of Wirtek will be published at a later date.
Further information
- Michael Aaen, CEO, Wirtek A/S, Phone: +45 2529 7575, E-mail: ir@wirtek.com
Niels Jernes Vej 10, 9220 Aalborg, Denmark, www.wirtek.com - Kent Mousten Sørensen, Chairman, Wirtek A/S, Phone: +45 2125 9001
- Grant Thornton, Certified Advisor, Phone: +45 3311 0220
About Wirtek
Wirtek A/S is a Danish IT consultancy company that provides software development, testing, and consultancy services to help clients worldwide. Wirtek specializes in Digitalization, Energy, Workforce & Facility Management, Wireless Communication & Automation, and Trade & E-commerce.
At Wirtek, we prioritize building long-term client relationships, with some lasting over a decade. We believe that quality partnerships are just as important as software quality in achieving our client's goals. Established in 2001, we have offices in Denmark and Romania and have been listed on Nasdaq First North Copenhagen since 2006.
Ticker Code: WIRTEK (DK0060040913)