Apr 16, 2016 | 2 min read

Paradox Engineering Joins Momenta Partners’ Connected Industry ecosystem

Paradox.pngMomenta Partners welcomes Paradox Engineering to our Connected Industry ecosystem. 

Paradox Engineering is a technology company building its success on its spirit of exploring pioneer markets and technologies to design and develop solutions and services to unlock the value of data in smart industrial and urban environments in the Internet of Things (IoT) age. Paradox Engineering specializes in open standards based and fully inter operable urban and industrial wireless sensor network solutions, as well as OEM versions of core network technologies to companies and developers requiring future proof and cost effective IoT ready solutions.

Established in 2005 and headquartered in Switzerland, they are part of the Japanese Group Minebea Co. Ltd., the world’s leading comprehensive manufacturer of high-precision components, which acquired full capital and assets of Paradox Engineering SA in July 2015. Minebea is capitalizing on their vision, know-how and technologies to accelerate the success of the Group in the IoT and Smart markets: shaping the Group vision and innovation strategy, acting as extended R&D center to develop cutting edge technologies enabling and transforming Minebea’s products to be full IoT ready.

"We are pleased to have Paradox Engineering as a member of our Connected Industry ecosystem," said Ken Forster, Managing Director for Momenta Partners. “They have been an early leader in smart city systems, and a good partner with several of our Connected Industry ecosystem companies.”

“We believe orbiting in the constellation of Momenta Partners is an excellent opportunity to mutually benefit on exchanges and experience of highly successful and visionary companies and professionals,” said Gianni Minetti, CEO of Paradox Engineering. “An excellent opportunity to contribute in shaping the market and create the future through synergies”