ApideckTape
← Embedded Finance Index 2026

HMS

“Can HMS Networks become the dominant industrial ICT platform by bridging any industrial hardware device to any network or software system at global scale?”

Founded1988
HQHalmstad, Sweden
IndustryVertical SaaS / Industrial IoT & Communication
The story

HMS Networks was founded in 1988 in Halmstad, Sweden as a hardware manufacturer focused on industrial communication. Over the decades, the company evolved from purely hardware-centric embedded network interfaces (Anybus) to a broader Industrial IoT platform company, incorporating remote access (Ewon/Talk2m), building automation (Intesis), CAN connectivity (Ixxat), and network infrastructure (Red Lion, N-Tron). The company is listed on Nasdaq Stockholm and operates globally, positioning itself as 'Hardware Meets Software' — bridging industrial equipment with software systems to drive productivity and sustainability gains for manufacturers, machine builders, and facility operators.

Last 12 months
2026-04
Product timeline
1988
HMS Networks founded in Halmstad, Sweden as a hardware communication company.· pivot
2000
Launched Anybus embedded network interface product line enabling industrial device connectivity.· banking
2010
Launched Ewon industrial remote connectivity and IIoT data gateway product line.· banking
2015
Expanded product portfolio with Intesis building automation gateways and Ixxat CAN/functional safety products.· pivot
The stack
1 layer disclosed in HMS’s embedded-finance stack
Payments / PSP
Censeo LinkPay
Accounting gap: none

HMS — frequently asked

Who is HMS's payment processor?

HMS processes payments through Censeo LinkPay.

Where is HMS headquartered?

HMS is founded in 1988 and headquartered in Halmstad, Sweden.

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against HMS and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to HMS and the other companies in its category.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.