Symetri Collaboration becomes a strategic investor in Upwave Technologies

The industry-leading Nordic IT supplier Symetri Collaboration has become a strategic investor in Upwave Technologies as of December 2018.

“This is very exciting for Upwave’s development. In Symetri Collaboration and their parent company Addnode Group, we have a partner who can contribute with valuable expertise in marketing and technology. We also gain access to their distribution channels in the European market”, says Kjetil Moløkken-Østvold, CEO of Upwave Technologies.

Symetri Collaboration is the market leader in Norway in delivering collaboration solutions for construction projects. Symetri has been in the market since 2001 and has extensive industry experience and knowledge, with large customers such as Veidekke, Statsbygg, Statens Vegvesen and a number of other significant actors within the private and public sector.

“With this investment, we get an exciting and strategically important technology partner in Upwave, who can help us offer even more user-friendly solutions at a faster pace. With its rapid growth, solid professional expertise and technological know-how, we are confident that this will benefit our customers. Through integration and joint product development, we will together offer the market better, more user-friendly and
comprehensive collaboration solutions”, says Steinar Svinø, CEO of Symetri Collaboration.

This investment will strengthen our technological cooperation and increase
both companies’ position in the collaboration space and we look forward to delivering new and improved solutions to our customers in 2019 and beyond.

 

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