Acquisition of Seluxit: A Major Leap in Clean Energy and IoT Solutions

We are thrilled to announce that Wirtek has acquired the assets of Seluxit A/S, a Danish IoT company. This acquisition is a significant milestone in our growth strategy, allowing us to enhance our expertise in the clean energy sector and expand our service offerings.

Commitment to Clean Energy

At Wirtek, we are deeply committed to advancing clean energy. This dedication led to an impressive 82% revenue growth in our energy business unit in Q1 2024 compared to Q1 2023. The acquisition of Seluxit's assets further strengthens our position in this vital sector.

Why Seluxit?

The decision to acquire Seluxit was driven by several compelling factors:

• Advanced EMS Solutions: Seluxit’s stable, scalable, and secure Energy Management System (EMS) provides advanced tools to reduce energy consumption and ensure sustainability.
• Innovative Capabilities: Seluxit’s IoT technology powers over 500,000 devices across 93 countries, ensuring reliable and secure connections.
• Comprehensive EdTech Solutions: Seluxit’s EdTech solutions equip students with innovative thinking and problem-solving skills while learning essential competencies such as data science, math, physics, and programming.

Broadening Our Service Offerings

This acquisition allows us to offer a wider range of robust and scalable products and services, ensuring tailored solutions and greater value for our clients. By integrating Seluxit's technology, we can scale our business with IoT solutions, energy software products and licenses on top of our existing IT services offering.

These expanded capabilities will also synergize well with Wirtek's latest acquisition: Pragmasoft.
Their experience in the energy sector and industrial automation can complement Seluxit's IoT expertise, enabling faster growth.

Smooth Transition and Continuity

Wirtek will assume Seluxit’s client relationships and employ key personnel from Seluxit, ensuring a smooth integration and uninterrupted delivery of Seluxit’s products and services. 

Looking Ahead

With this acquisition, Wirtek is well-positioned to drive innovation and growth in the clean energy sector. We are excited about the opportunities ahead and are committed to delivering greater value to our clients through advanced technology and comprehensive solutions.

For more information on Seluxit’s capabilities and our new offerings, visit Seluxit’s Website.

For more information about the acquisition read the company announcement.

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
  
  

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.