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Squeed is acquired by Semcon

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Semcon strengthens its digital position through the acquisition of the IT company Squeed

Censor has on behalf of the owners acted as advisor and project manager in connection with the change of ownership when Semcon acquired Squeed AB.

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Target

Squeed AB

Squeed provides digital services through innovative and qualified IT consultants and agile coaches. Operations are conducted in three business areas: Tech – software development based on Java, .Net, cloud services, Frontend, UX as well as test and quality assurance. Agile – agile coaches that help organisations achieve greater flexibility. Studio – provision of software teams as a service. The company has 95 employees and offices in Göteborg, Stockholm and Oslo.

semcon hq

Buyer

Semcon

Semcon is a listed international technology company that provides sustainable technology that combines digital services and advanced product and production development. Semcon is also a supplier of digital aftermarket solutions for complex products and systems. The company offers specialist expertise to sectors such as life science, energy, telecom, vehicles and industry.