The Finnish Björnberg family, industrial family since 1781, has made a strategic equity investment into AINA Wireless, via its investment company Saxo Oy. AINA, in its relatively short history, has become a leader in providing rugged and loud PTT accessories for digital communication supplying products for major mobile device OEMs, carriers, the public sector and commercial operations.
“This investment allows AINA to manage and continue the hyper growth that our company has been going through in the past year. In addition, with Saxo Oy, we have a partner that is in this with us for the long term and understands the challenges of a company that designs and manufactures products for a global market.” said Maximilian LeRoux, CEO of AINA Wireless.
Saxo Oy’s investment represents a forward integration in the supply chain. Saxo Oy owns Plastone, who makes injection moulds for AINA and produces AINA’s plastics for it’s rugged speaker-microphone, the PTT Voice Responder.
“For Saxo Oy this investment allows growth together with AINA into the traditional industry of mission critical communication. AINA’s handheld Push-to-Talk devices for PTT over 4G/LTE fit into our tradition of creating the future, while taking advantage of our existing expertise in various areas of product manufacturing.” said Maria Björnberg, Chairwoman of Saxo Oy.
AINA develops rugged wireless communication devices for push-to-talk over LTE/IP. Made in Finland, AINA’s products combine grown user habits and practicality with the versatility of modern communication and information technology. AINA’s products work on mobile devices such as mobile phones with PTT applications and two-way radios and are used in various industries such as transportation, construction, manufacturing, utilities, public safety, hospitality, healthcare and the military.
About Saxo Oy:
Saxo Oy is a Finnish family business that owning small and medium sized businesses, real estate and equity investments. Saxo Oy continues Fredrik Björnberg’s entrepreneurial tradition which started in 1781.