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Season Group acquires technology company Pycom

Global IoT technology startup bought by Hong Kong-based EMS provider
Season Group acquires technology company Pycom

Season Group acquires technology company Pycom
Source: Season Group

International electronics design and manufacturing services provider, Season Group, has announced it has acquired all assets of Pycom Ltd, a full stack Internet of Things (IoT) company that provides a fully integrated IoT platform to build scalable connected solutions. Season Group is headquartered in Hong Kong with sites in China, Malaysia, Mexico, and the U.K. Pycom Ltd went into administration in the UK on 16 September 2022.

Founded in 2015, Pycom has a global, industry-agnostic technology platform consisting of software, hardware, and design & integration services. With over 200,000 customers in more than 120 countries, the company has helped over 800,000 developers in its online community develop IoT solutions for the future, Season Group said.

The technology provider’s portfolio consists of extensive software and custom OEM hardware modules that support multiple networks: Wi-Fi, BLE, LoRa (WAN), and cellular (LTE-M). When used with the PyBytes Device Cloud, these devices can easily be deployed, monitored, and updated at scale, providing the missing piece of most IoT solutions.

All assets will be purchased by Pycom BV, a newly established company in the Netherlands, and will run as an autonomous subsidiary to maintain its start-up culture.

“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,” CEO of Season Group Carl Hung said. “Pycom BV will continue to help developers productize their unique concepts into reality with Season Group’s customized end-to-end services.”

“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,” Christian Ehlers, CTO of Pycom BV, said. “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.”

www.seasongroup.com

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