About Westermo
Westermo is a company based in Västerås, Sweden. It operates as a Managed Services, and Direct-to-Consumer (D2C). Westermo has completed 1 acquisition, including ELTEC. Westermo offers products and services including Industrial Ethernet Switches, Cellular LTE Routers, and WeOS Operating System. Westermo operates in a competitive market with competitors including Cisco, Hewlett Packard Enterprise, NETGEAR, Ruckus Wireless and Extreme Networks, among others.
- Headquarter Västerås, Sweden
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Sectors
TechnologyEnergy & Utilities Transportation, Automotive & Logistics
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- Legal Name Westermo Network Technologies Ab
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Annual Revenue
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- Investments & Acquisitions
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Products & Services of Westermo
Westermo offers a comprehensive portfolio of products and services, including Industrial Ethernet Switches, Cellular LTE Routers, and WeOS Operating System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Robust switches are provided for harsh industrial environments.
Secure cellular routers are offered for industrial connectivity.
Cyber-resilient OS is developed for industrial network security.
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Software Development Team
19 people
Sales and Marketing
17 people
Leadership Team
9 people
Product Management Team
9 people
Finance and Accounting
4 people
Human Resources and Administration
4 people
Key Team
4 people
Project Team
2 people
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Funding Insights of Westermo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by Westermo
Westermo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ELTEC. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Internet services are provided by ELTEC to customers in Germany.
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Westermo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Westermo Comparisons
Competitors of Westermo
Westermo 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 Cisco, Hewlett Packard Enterprise, NETGEAR, Ruckus Wireless and Extreme Networks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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AI and saas based cloud security solutions
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HPC solutions are delivered via supercomputers and storage systems.
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LAN-based networking products, including switches and routers, are supplied.
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Offers cloud-based enterprise networking solutions for businesses.
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Cloud based network security solutions provider
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Dell is recognized for providing computers and technology solutions.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Westermo
What does Westermo do?
Robust and secure industrial data communication solutions are offered by Westermo for demanding applications in transport, water, and energy sectors. A wide range of products, including Ethernet switches, cellular routers, and media converters, is developed to ensure reliable connectivity in harsh environments. Specialized solutions for rail, energy, and maritime industries are provided, alongside cybersecurity expertise and remote access tools. The WeOS operating system is designed to create resilient and flexible networks. With a global presence through sales offices and partners, local challenges are addressed effectively.
Who are the top competitors of Westermo?
What products or services does Westermo offer?
Westermo offers Industrial Ethernet Switches, Cellular LTE Routers, and WeOS Operating System.
How many acquisitions has Westermo made?
Westermo has made 1 acquisition, including ELTEC.
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