The home alarm company Sensor Alarm sells its customer base of home alarm customers in Sweden to Tryggsam in Sweden for SEK 2 million. This is stated in a press release.

The board of Sensor Alarm continues to work on various solutions to manage the company's debt and survival, hence the agreement.

"Strategically, Sensor Alarm is now taking a step up the distribution chain as it wants to offer its products through resellers and through partners instead of directly to end customers. The Board will continue to evaluate strategic options for the business, which may include further asset sales, merger or reverse acquisition of another company," the press release states.