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Today’s headline story: Swiss Post acquires majority stake in SpotMe
Swiss Post has acquired a majority stake in SpotMe, a Lausanne-based company that is a spin-off from the Swiss Federal Institute of Technology. The latter says it will continue to operate globally and as a standalone company after the majority investment.
SpotMe is headquartered in Switzerland, with offices in the United States, Singapore and Bulgaria.
SpotMe says the majority stake will allow Swiss Post to strengthen its role as a trustworthy carrier of sensitive customer and business information, supporting companies in their digital transformation. The SpotMe management team is co-investing in the company alongside Swiss Post.
Meanwhile, Swiss Post said the deal would help its business customers to make their communication more efficient, engaging and location-independent as part of digitization.
“We carefully considered who SpotMe’s ideal partner would be and found a fitting match in Swiss Post, a company that shares our values of reliability, trust, and security. This strategic partnership is expected to provide us with significant momentum for growth, and will benefit not only our company but also our customers on both sides,” said Pierre Metrailler, CEO of SpotMe.
Nicole Burth, Member of Executive Management at Swiss Post and Head of the Communication Services unit, added:
“The confidential transfer of data from A to B has always been part of Swiss Post’s self-perception and core mandate. The need for mail secrecy also exists in the digital world. All kinds of events play an important role in customer communication. The services provided by SpotMe will in future allow us to offer our business customers security and simplicity in this area.”
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