Global Citizenship: What I’ve Learned About the American PCB Business
Global Sourcing Spotlight: The Best Products to Buy Offshore Through Global Sourcing
Nolan's Notes: The Rise (and Risk) of Data
HANZA and Free2move Forms Partnership on IoT Device Manufacture
May 27, 2016 | HANZA Holding ABEstimated reading time: 1 minute
HANZA Holding AB has signed a cooperation agreement with Free2move regarding industrialization and manufacturing of the company's current and future products.
"It is both exciting and strategically important for HANZA to participate in shaping the future of applications in the IoT," says Thomas Lindström, SVP, Head of Business Solutions. "HANZA is now moving into a new future customer segment and will also also evaluate the technology for use in our own modern and cost effective manufacturing solutions."
Free2move operates in the fast-growing area Internet of Things (IoT), which is a collective term for the development so that "things" (such as machinery, vehicles, household appliances, clothes and people) are connected by means of sensors and processors. Free2move offers products and services in the Industrial IoT (Internet of Things) by intelligent sensor networks that wirelessly collect, analyze, monitor and control different devices. The solutions enable companies to operate more efficiently and reduce costs while you are in control and can secure their assets.
"In a fast-growing, new area of technology, it is crucial to focus on the product and the business," says Anders Due-Boje, CEO Free2move. "Therefore HANZA is an important partner, who manages industrialization, efficiency and production. HANZA also has its factory near our development center, which provides a higher quality control in the rollout of our new system platform 2Connect."
HANZA will also evaluate different IoT solutions as part of the service offering MIG. Production of IoT products will begin before the summer and is expected to reach mass production in autumn, 2016.
Share on:
Suggested Items
HANZA's Principal Owner Increases its Holding
10/14/2024 | HANZAHANZA’s main shareholder Färna Invest AB, owned by Gerald Engström, has purchased 380,000 shares in HANZA AB during September and owns 9,980,000 shares in the company at the end of September, corresponding to 22.86%. This is according to data as of 2024-09-30 from Euroclear.
HANZA Honored with Cyber Champion Award
10/08/2024 | HANZAHANZA Group has been awarded the prestigious Cyber Champion Award by our Security Operations Center (SOC) provider, Neverhack Estonia, at the Security Summit 2024 in Estonia.
HANZA CEO Erik Stenfors Increases Stake in Company
09/26/2024 | HANZAErik Stenfors, CEO of HANZA, a leading global provider of advanced manufacturing services, has purchased 8,000 shares in the company.
HANZA to Implement Sustainable Manufacturing Solution for Mitel
09/12/2024 | HANZAHANZA has signed a strategic agreement with Mitel Networks Corp, a Canadian telecommunications company, under which HANZA will relocate manufacturing from China to Europe.
HANZA Signs MIG Agreement with a German Company
08/20/2024 | HANZAHANZA, a leading global contract manufacturer, specializing in supply chain optimization, has signed a strategic manufacturing agreement with a German company to streamline the supply chain for an entire product line.