Today, the award-winning German-Swiss company digitalSTROM has officially announced the merger with the Belgian company ONE Smart Control. The merger brings together two leading companies in the European smart home market.
Key aspects of the merger:
- The combination of digitalSTROM and ONE Smart Control strengthens the market position of digitalSTROM's award-winning powerline technology
- The unique strengths of both companies are combined: the established market-leading position of digitalSTROM in the technology area with the sales excellence of ONE Smart Control
- Together, strong positions are achieved in complementary key markets; This will create a broader and balanced portfolio
- Improved starting point for new, innovative and attractive applications and products for customers and partners
The Belgian company ONE Smart Control has been building on the technology of digitalSTROM since its foundation five years ago. The merger brings this long-standing partnership to a new level and unites the unique strengths of both companies: the established and award-winning technology of digitalSTROM with the sales excellence of ONE Smart Control.
Both companies strengthen their position in the complementary core markets as of Switzerland, Germany, Belgium, the Netherlands, Denmark, Finland, Poland, Turkey and the MEA region.
The existing offers, products and services of both companies complement each other, which creates attractive added value for the customers and partners of both companies. At the same time, the merger improves the starting position for the development of new, innovative and attractive applications and products for customers as well as for partners.
The existing services of digitalSTROM and ONE Smart Control complement each other optimally, which creates attractive added value for the customers of both companies. At the same time, the merger improves the starting position for new, innovative, reliable and cost-efficient services and possibilities.
The new company will be managed by Adrian Obrist (CEO) and Bert de Haes (Co-CEO).
Quote Adrian Obrist, CEO of digitalSTROM AG:
“The transaction brings together two innovative companies in the smart home market with unique customer value and operational potential. The two businesses are largely complementary in terms of activities and core markets. I believe that we can unleash new opportunities together and become a key player in the smart home market.”
Quote Bert De Haes, CEO of ONE Smart Control:
“Our solution brings benefits for both property developer and homeowner. That is unique in our industry. And we take responsibility from concept to service. Since our technology is proven and our products solid, we can focus on increasingly simplifying the installation, commissioning and servicing process. These are things that are key in large scale property developments.”
More about ONE Smart Control: http://onesmartcontrol.com/de/