Wistrand advises the sellers on the sale of Swedspot AB to Knowit AB (publ)
The software engineering company Swedspot has been acquired by the IT consulting company Knowit and Wistrand has assisted the sellers in connection with the divestment.
Swedspot is a software engineering company that creates solutions for smart mobility and is located in in Gothenburg and Trollhättan. The company designs, develops, operates and maintains complex solutions for a wide variety of industrial areas such as vehicles, transportation, automation, and energy. Swedspot has several attractive solutions with Google’s Android technology as the foundation, which is a growing market with several large players already moving towards using this technology in their infotainment systems. Swedspot will be an important addition to Knowit’s business area Connectivity, supplementing existing offers in embedded systems with both broad competence in software development and a unique platform with smart services for connected vehicles.
Wistrand’s team has been led by partner Per Dalemo, assisted mainly by senior associate Amy Lindquist (M&A), senior associate Justus Pettersson (tax) and paralegal Caroline Törngren.