Manufacturer and vendor of industrial Ethernet switches and data communications products for mission-critical systems in harsh environments.
Westermo designs and manufactures data communications products for mission-critical systems in physically demanding environments. The products are used both in social infrastructure, such as transport, water and energy supplies, as well as in process industries, such as mining and petrochemical.
The realisation that the needs of the industry are different from those of corporate IT creates growth in the requirement for industrial grade data communication. The industrial operating environments are tough and the impact of failure in the field can lead to business threatening situations demanding that products have a lifetime in excess of 10 years. These factors have resulted in a demanding and fast growing market place.
The company is growing rapidly and currently has about 480 employees and global sales in excess of 1 billion SEK. Development and manufacturing take place in Sweden at the company's facilities in Stora Sundby and Västerås as well as the technology centres in Dublin, Ireland, Mainz, Germany and Bubikon, Switzerland.
Westermo has sales and support offices around Europe and in USA, Singapore, China and Australia. Westermo also have a number of partners based in other key markets around the world.
Westermo is a wholly owned subsidiary of Ependion.
Eltec Elektronik AG
On April 1st, 2021, Westermo acquired 100% of the German company ELTEC Elektronik AG, a technology company specialised in wireless communication for connected trains and automotive applications. ELTEC products and services are used for providing digital network and wireless communication solutions for passenger Wi-Fi, infotainment as well as predictive maintenance. The main part of the Eltec product offer is sold and marketed through Westermo sales offices and distributors. For the full Eltec offer, please see www.eltec.com/.
On October 30, 2019, Westermo acquired 100% of Virtual Access Limited, an Irish-based technology company specialising in wireless industrial routers and gateways, and managed connectivity services for customers in the utility, traffic management and telecommunications sectors. The main part of the Virtual Access product offer is sold and marketed through Westermo sales offices and distributors. Please see Dynamic Grid Solutions for more information. For the full Virtual Access offer, please see www.virtualaccess.com.
On July 8, 2019, Westermo acquired 100% of the Swiss company Neratec Solutions AG, a technology company specialized in WLAN products with a high focus on reliable and robust wireless communication solutions for the train and trackside sector. The Neratec product offering and brand is part of the Westermo Group and is sold and marketed through Westermo sales channels. Please see Wireless communication solutions for trains and railway for more information.
Part of the Ependion
Since 2008 Westermo is part of the Ependion (formerly known as Beijer Electronics Group). Ependion is a high-tech innovator active in smart automation and networks. The company's open software, hardware and IIoT solutions help customers optimize processes and create reliable secure communication, complete with leading-edge user experiences. Since its start-up in 1981, Ependion has evolved into a multinational group with net sales of 2.1 billion SEK 2022.
Ependion is listed on the NASDAQ OMX Nordic Stockholm Mid Cap list under the ticker EPEN.
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