Gothenburg-based LumenRadio AB announces today the acquisition of Wireless Solution Sweden AB – together the two companies will become the undisputed market leader in wireless lighting controls for the Professional Lighting industry. Through the acquisition, a heavy-weight player is formed with the strength to lead and drive the wireless DMX market.
Both LumenRadio and Wireless Solution (today a business area within Interlite AB) have contributed in transforming the lighting industry with their development of reliable wireless lighting control, which today is a “must have” within the Film & Broadcast Lighting, Stage Lighting and Architectural Lighting industries. Both companies have great experience and expertise within wireless communication and engineering, and together they will be better equipped to meet the future requirements from their customers.
Alexander Hellström, the CEO of LumenRadio is impressed by the technology and knowledge within Wireless Solution and says:
“We are really excited about this! Together we will define the wireless standard for the future and with all the great technology and knowhow Wireless Solution has built up over the last two decades, we strongly believe that our existing and future customers will benefit from the combined offer.”
“Professional Lighting is a high-stakes, no-nonsense business putting high pressure on suppliers to always deliver, something that Wireless Solution, under the dedicated leadership from Niclas Arvidsson, successfully has done over the last two decades.”
The combined business will have a yearly turnover of more than 10 MEUR and more than 50 employees – with complementary products and solutions, addressing a much bigger, more geographically diverse and non-overlapping customer base. The two brands will be run separately, maintaining their own market identity – creating a firm belief that both customers and suppliers will benefit from the increased strength of this new entity.
“I am happy and positive that the Wireless Solution brand will continue to thrive within the new LumenRadio context.” says Interlite’s owner and CEO, Niclas Arvidsson and continues: “I think this merger is very good for our customers and the industry in general. The conditions for a truly global standard for wireless DMX are now in place.”
For further information, please contact:
Alexander Hellström, CEO, LumenRadio +46 70 377 24 15
Niclas Arvidsson, CEO Interlite AB. +46705915515
LumenRadio, founded 2008, pioneers ultra-reliable wireless connectivity technology for business-critical applications. They develop device-to-device connectivity software and hardware, helping companies build future-proof wireless products. LumenRadio is headquartered in Gothenburg, Sweden with sales offices in Frankfurt and Boston.
About Wireless Solutions:
Wireless Solution, founded 2003 and previously an integrated business area within the Swedish company Interlite, is a manufacturer of wireless lighting control equipment both for end users and OEM partners. Wireless Solution is headquartered in Uddevalla, Sweden with a sales office in the UK.