HMS Networks

Halmstad, Sweden Founded: 1988 • Age: 38 yrs Acquired By Segulah Advisor
Monitoring and controling solutions for field equipment and machinery
Annual revenue $388.7M Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About HMS Networks

HMS Networks is a company based in Halmstad (Sweden) founded in 1988 was acquired by Segulah Advisor in August 2004. HMS Networks has completed 11 acquisitions, including Beck IPC, Control Specialists and Global M2M SIM. HMS Networks offers products and services including Network Gateways, Embedded Network Interfaces, and Remote Gateways. HMS Networks operates in a competitive market with competitors including Kerlink, CoreTigo, TTTech, Nordic Semiconductor and Yokogawa, among others.

  • Headquarter Halmstad, Sweden
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $388.72 M (USD)
    16.93
    as on Dec 31, 2025
  • Net Profit
    $47.23 M (USD)
    40.47
    as on Dec 31, 2025
  • EBITDA
    $127.04 M (USD)
    48.29
    as on Dec 31, 2025
  • Latest Funding Round
    $453.49 K (USD), Grant

    Oct 01, 2016

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Beck IPC

    & 10 more

  • Acquired by
    Segulah Advisor

    (Aug 16, 2004)

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Products & Services of HMS Networks

HMS Networks offers a comprehensive portfolio of products and services, including Network Gateways, Embedded Network Interfaces, and Remote Gateways.

Product name locked
Category locked
Primary

Devices for industrial network communication and integration

Product name locked
Category locked
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Components for device connectivity in industrial settings

Product name locked
Category locked
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Tools for secure remote monitoring of industrial equipment

People of HMS Networks

Headcount 500-1000
Employee Profiles 216
Board Members and Advisors 6
Employee Profiles
People
Phil Gray
Channel Sales Development Manager MU North & ROW
People
Eduardo MacIas
Territory Business Manager
People
Vincent Wagenaar
EMEA Director Solutions
People
Nicola Luce
Sales Account Manager

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Board Members and Advisors
people
Charlotte Brogren
Chairman
people
Anders Mörck
Board Member
people
Cecilia Wachtmeister
Board Member
people
Fredrik Hansson
Board Member

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Funding Insights of HMS Networks

Investors in HMS Networks

HMS Networks has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Amplio.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
A Swedish private equity firm is focused on Nordic markets.
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Investor details for HMS Networks

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by HMS Networks

HMS Networks has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Beck IPC, Control Specialists and Global M2M SIM.

Investments
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Investment portfolio details for HMS Networks

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Global roaming SIM cards provider for M2M & IOT devices
Locked Locked 2005 Locked
IoT gateways are developed for fleet management and telemetry applications.
Locked Locked 2002 Locked
Industrial Routers and tools for Data Services
Locked Locked 2001 Locked
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Complete acquisition details for HMS Networks

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - HMS Networks

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Detailed financials for HMS Networks

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Hms Networks Comparisons

HMS Networks Primary company
Description
Monitoring and controling solutions for field equipment and ...
Location
Halmstad, Sweden
Founded Year
1988
Annual Revenue
$388.72 M (USD)
Net Profit
$47.23 M (USD)
EBITDA
$127.04 M (USD)
Employees
Not available
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Peer comparison for HMS Networks

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Competitors of HMS Networks

HMS Networks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kerlink, CoreTigo, TTTech, Nordic Semiconductor and Yokogawa, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
M2M communication equipment is supplied for object connectivity.
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Industrial wireless automation solutions are provided for manufacturing enhancement.
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Deterministic ethernet and IoT connectivity solutions are provided for networking.
Locked Locked Locked
Provider of wireless communication technology solutions for the IoT industry
Locked Locked Locked
Cloud-based industrial automation and process control solutions are offered.
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Base stations for low-power IoT networking are manufactured.
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Detailed competitors of HMS Networks

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Hms Networks

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Complete news archive for HMS Networks

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about HMS Networks

HMS Networks was founded in 1988 and raised its 1st funding round 28 years after it was founded.

HMS Networks is headquartered in Halmstad, Sweden. It is registered at Halmstad, Halland, Sweden.

Annual revenue of HMS Networks is $388.72M as on Dec 31, 2025.

HMS Networks was founded in 1988 in Halmstad, Sweden, and operates in the industrial networking sector. Solutions for monitoring and controlling field equipment and machinery are developed and marketed under various brands. Cloud-based systems, such as Netbiter Argos, allow remote access via web applications. Industrial Internet of Things capabilities are integrated to support equipment management across operations.

HMS Networks's top competitors include Kerlink, CoreTigo and Antenova.

HMS Networks offers Network Gateways, Embedded Network Interfaces, and Remote Gateways.

HMS Networks has made 11 acquisitions, including Beck IPC, Control Specialists, and Global M2M SIM.

HMS Networks has 2 investors. Key investors include European Union, and Amplio.

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