Spica is to integrate the Altacogni AB team and products into its Spica SmartCloud division with immediate effect, following an announcement by Nordomatic of the acquisition of the remaining 40% of shares in Altacogni.

”This is a very exciting partnership and I expect really cool things to come that will benefit our customers and further position Nordomatic as a true pioneer within the Smart Buildings space. The Yanzi platform, its business applications and incredible development team are absolutely world class and I look forward to surprising the market with innovation at a whole new level in years to come,” says Tim Streather, managing director Spica.

”We have set a clear ambition of changing the way property owners operate their buildings, creating new experiences and values for their tenants. Proptech and Smart Buildings are what we breathe, and we drive the latest technological advances into a big market that is now starting to move and wants to innovate and invest. Nordomatic is a great partner providing market opportunities and operational stability and support, and together we will gain a leadership position with real impact,” says Mattias Danielsson, CEO of Altacogni.

“I would like to extend a warm welcome to the Altacogni team from the Nordomatic Group. Already, you have been working closely both with Nordomatic and Spica to deliver on a high customer promise, and I believe that full integration will add commitment and efficiency in the way we work together. Only together can we release the full potential of the exciting value propositions within BMS, Energy and Workplace, addressing the important sustainability challenges ahead of us,” says Olov Schagerlund, CEO of Nordomatic Group.