Jayway expands in Copenhagen - builds labs for smart homes
Summary
Many big companies have been there and experienced the potential of technology, so we want to do something similar but focusing on smart buildings and cities”, says Jayway’s CEO Philip Kron to Rapidus. In a deal worth $200 million, SmartThings was acquired by Samsung three years ago and has established itself as a distinguished developer for smart houses. Jayway and SmartThings have collaborated within the IoT area for a year and the lab now being built in Copenhagen is part of this cooperation. Since the start, Jayway has been working on small IT consultancy assignments and in recent years, they have also taken on major projects, such as the technology development of Gleerup’s digital teaching materials and Kronaby smart watches. Next year, Philip Kron expects another 40 people to be recruited, and sales will exceed SEK 200 million with margin.