FINLAND - Viking, Eqvitec and FII sell Iqua to Savox
Viking Venture, Eqvitec and government-backed Finnish Industry Investment has sold the wireless mobile accessories developer, Iqua, to Finland-based Savox Group.
Founded by former Nokia employees in 2004, Iqua is now a key player in the Bluetooth accessories market. Notably, it launched the world's first solar-powered headset. The company is headquartered in Espoo, and has offices in Russia, the US, Germany, the UK, Singapore and China.
Eqvitec backed Iqua with EUR 2m in a first round of funding in 2005. Viking matched the investment 2006.
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