Addnode Group's Design Management division has expanded its software portfolio by acquiring SpaceIntel, a US-based provider of AI-driven facility management software. The deal enhances Symetri's recurring revenue streams and accelerates the deployment of intelligent building management solutions across its global client network.
Addnode Group has strengthened its digital building operations segment through the acquisition of US-based facility management platform SpaceIntel by its subsidiary, Symetri. The transaction integrates SpaceIntel's artificial intelligence capabilities into Symetri’s existing design and management software portfolio, bringing approximately SEK 10 million in projected annual net sales. Consolidated under the Design Management division starting August 2026, the deal allows Addnode Group to capitalize on cross-selling opportunities across its global commercial network.
SpaceIntel provides cloud-based software that streamlines multi-site asset management, equipment tracking, resource allocation, and operational workflows using structured spatial data. Its parent entity, Addnode Group, is a publicly listed European technology corporation with 3,000 employees across 20 countries, generating SEK 5.8 billion in net sales in 2025 by offering software solutions for construction, product data, design, and public sector document workflows.
This strategic movement highlights growing enterprise demand for integrated, data-driven property management solutions. As real estate operators face increasing pressure to optimize operational expenditures, improve asset lifecycles, and meet modern sustainability standards, incorporating artificial intelligence into facility platforms becomes a key market differentiator.
By acquiring proven proprietary technology rather than building internal systems from scratch, Symetri significantly reduces its time-to-market for smart building solutions. The expansion scales recurring software revenue while cementing Addnode Group's position in the digital transformation of real estate and infrastructure management across international markets.
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