HONG KONG — Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong with sites in China, Malaysia, Mexico, and the UK, has announced the acquisition of all assets of Pycom Ltd.
Founded in 2015, Pycom provides a technology platform consisting of software, hardware, and design and integration services. The company has attracted more than 200,000 business and enterprise customers in more than 120 countries while empowering more 800,000 developers in its online community to quickly and easily develop Internet of Things (IoT) solutions for the future. Pycom’s portfolio consists of extensive software and custom OEM hardware modules that support multiple networks: Wi-Fi, BLE, LoRa (WAN), and cellular (LTE-M).
All assets will be purchased by Pycom BV, a newly established company in the Netherlands, and will run as an autonomous subsidiary.
“We view this acquisition as an aqui-hire. The team in Eindhoven Pycom will be retained. Their expertise in IoT hardware, firmware, and cloud development will complement Season Group’s existing IoT capabilities well and further speed up our development for customers,” said Season Group CEO Carl Hung.
“We are very excited to be joining Season Group, who are committed to pushing the release of the F01-S3 that will complement the existing product line by leveraging the latest technologies from our partners Espressif, Semtech and Sequans. It is a great match as Season Group’s manufacturing capabilities in UK, Mexico, Malaysia, and China will help our customers in launching IoT devices even easier," said Pycom BV CTO Christian Ehlers.