Raytelligence AB’s Strategic Acquisition: A Game-Changer in Wireless Charging
In a bold move that’s set to redefine the landscape of wireless charging technology, Raytelligence AB, a Swedish company listed on the Frankfurt Stock Exchange, has entered into a Letter of Intent (LOI) to acquire WIPO, a leading Chinese wireless charging firm. This acquisition, announced on July 18, 2025, is not just a merger of two companies but a strategic pivot that could potentially reshape the future of wireless charging solutions globally.
The Acquisition Details
The deal, characterized as an “omvänt förvärv” or reverse takeover, sees Raytelligence acquiring WIPO, with WIPO’s shareholders set to become the majority stakeholders, holding 95% of the combined entity. This leaves Raytelligence’s existing shareholders with a 5% stake. The transaction is expected to conclude in the fourth quarter of 2025, contingent upon the fulfillment of certain conditions.
WIPO: A Beacon of Growth and Innovation
WIPO, or Shanghai New Energy Technology Co., Ltd., has been at the forefront of developing high-efficiency wireless charging systems and solutions for electric vehicles and advanced intelligent equipment, including AI-driven robots and autonomous vehicles. The company’s proprietary technology enables efficient, contactless power transfer with high reliability and performance, tailored for demanding industrial applications.
From 2020 to 2024, WIPO has demonstrated remarkable growth, with revenues soaring from 2.6 million euros to 15.9 million euros, marking an average annual growth rate (CAGR) of approximately 56%. Despite a slight dip in net profit to 1 million euros (-0.2), the company’s financial trajectory underscores its potential and the strategic value it brings to Raytelligence.
Strategic Implications and Future Prospects
This acquisition is not merely a financial transaction but a strategic alignment that positions Raytelligence at the vanguard of the wireless charging industry. By integrating WIPO’s cutting-edge technology and market presence, Raytelligence aims to accelerate its growth and expand its footprint in the global market.
Post-acquisition, the combined entity plans to apply for a direct listing on Nasdaq First North, signaling a new chapter in its journey. This move is indicative of Raytelligence’s ambition to scale new heights and its confidence in the synergies that the merger will unlock.
Conclusion
The acquisition of WIPO by Raytelligence AB is a testament to the dynamic nature of the tech industry, where strategic mergers and acquisitions can significantly alter the competitive landscape. As Raytelligence embarks on this transformative journey, the industry watches with bated breath, anticipating the innovations and advancements that this union will bring to the forefront of wireless charging technology.