Lartech (LarTech)

Larteh Group is an operator in the Internet of Things data services market.

As of 2021, the basis for the provision of services is:

• Own network of base stations located in all regions of Russia;
• M2M (IoT) telecommunications platform.

The company performs a full cycle of work on the design, development and production of innovative products and platforms for various industries, such as energy, housing and communal services, industry.

History

2021: Completion of the acquisition of Lartech by ER-Telecom Holding

The company ER-Telecom Holding JSC on September 2, 2021 informed TAdviser about the completion of the acquisition of the Lartech group of companies. The financial terms of the transaction are not disclosed. On expectations of "R-Telecom", merger of companies will allow holding to strengthen positions in the market of the Internet of things (Internet of Things - IoT).

ER-Telecom bought a software developer for IoT equipment "Larte

Source photo: battery.delta.kg]]

On the basis of this asset, "Innovation Centers" will be created in a number of Technoparks of Russia and in the Skolkovo Innovation Center (the company is a resident of the Fund). In addition, Lartech's solutions for the electric power industry have already been integrated into the Holding's product portfolio. In the future, it is planned to jointly develop IoT products for other sectors of the national economy.

The innovative projects of the Holding and the company "Larteh" organically complement each other, since we are primarily an operator and integrator in the field of the Internet of things, and "Larteh" is a developer of software for equipment IoT for creating private networks. The cooperation of the combined companies will allow us to offer our existing and potential customers a qualitatively different level of service and innovative services, commented on the results of the transaction Denis Reimer, Director of B2B Products and Innovations of ER-Telecom Holding JSC.

The acquisition of Lartech by a strategic investor represented by ER-Telecom Holding JSC is not only a recognition of the company's achievements and successes, but also the discovery of opportunities to expand the company's innovative developments and introduce Lartech products on the network of ER-Telecom Holding JSC, said Dmitry Poltorak, co-founder and CEO of Lartech.

A member of the Skolkovo Foundation Energy Efficient Technology Cluster, Larteh is dynamically developing and is one of the players in the IoT technology market, collaborates with more than 30 manufacturing plants, and in 2021 it is planned to produce a million-dollar device based on Larteh technology, confirmed by Oleg Pertsovsky, Operating Director of the Skolkovo Foundation.

2020: Skolkovo resident status

In 2020, Lartech received the status of a resident of the Skolkovo Innovation Center.