LumenRadio acquires Wireless Solution
- Details
The two brands will maintain their market identities and operate separately. The combined business will have a yearly turnover of more than €10m and more than 50 employees, with complementary products and solutions, addressing a much bigger customer base.
Alexander Hellström, CEO of LumenRadio, comments: “We are really excited about this! Together we will define the wireless standard for the future and with all the great technology and know-how Wireless Solution has built up over the last two decades, we strongly believe that our existing and future customers will benefit from the combined offer. Professional lighting is a high-stakes, no-nonsense business, putting high pressure on suppliers to always deliver, something that Wireless Solution, under the dedicated leadership from Niclas Arvidsson, successfully has done over the last two decades.”
“I am happy and positive that the Wireless Solution brand will continue to thrive within the new LumenRadio context,” adds Interlite’s owner and CEO, Niclas Arvidsson. “I think this merger is very good for our customers and the industry in general. The conditions for a truly global standard for wireless DMX are now in place.”
(Jim Evans)
