Mergers & Acquisitions

Shield AI has announced an agreement to acquire Sentient Vision Systems (Sentient), pending customary closing conditions and regulatory approval.

Scenera has announced that it has entered into an agreement to acquire TnM AI Co. Ltd., a Seoul-based Artificial Intelligence of Things (AIoT) company, for an undisclosed amount. Stemming from the long-time collaboration between the two companies, this transaction furthers their relationship and consolidates their resources to continue creating products and formulas changing the industry.

Telecom management solution provider Rev.io has announced its acquisition of Tigerpaw, a software company offering end-to-end professional services and business automation software to technology providers. Rev.io says this acquisition will expand its reach within the managed services space.

Honeywell is set to acquire OT (operational technology) and IoT (Internet of Things) cybersecurity solutions provider SCADAfence, to strengthen its cybersecurity software portfolio. The deal enables SCADAfence to integrate into the Honeywell Forge Cybersecurity+ suite providing expanded asset discovery, threat detection, and compliance management capabilities.

Carlsbad, United States – Viasat Inc., a global communications company, and Inmarsat, a provider of global mobile satellite communications services, announced that Viasat’s proposed acquisition of Inmarsat has received approval from the U.S. Federal Communications Commission (FCC).

CEVA, Inc., a licensor of wireless connectivity and smart sensing technologies and custom SoC solutions, has announced the acquisition of the RealSpace 3D Spatial Audio business, technology and patents from VisiSonics Corporation. The acquisition will expand CEVA’s software portfolio for embedded systems where hearables are demanding spatial audio.

London, United Kingdom – Gorilla Technology Group Inc., a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, announced that it has entered into a non-binding letter of intent (“LOI”) to acquire Thailand-based Bacom Internetwork.

Atlanta, United States – KORE Group Holdings, Inc., a global provider of Internet of Things (IoT) solutions and worldwide IoT connectivity-as-a-service (IoT CaaS), has agreed to acquire Twilio’s IoT business unit as part of its mission to build an initial ‘IoT hyperscaler.’

Bentley Systems, an infrastructure engineering software company, announced that it has entered into a non-exclusive commercial agreement to accelerate the adoption of Infrastructure IoT, further unlocking value for infrastructure designers, constructors, and owner-operators in their use of infrastructure digital twins. To this end, Worldsensing is acquiring from Bentley sensemetrics’ Thread connectivity device business to expand its hardware portfolio

Wireless Logic, a global IoT connectivity platform provider has acquired Singapore-headquartered Blue Wireless, a global service provider for managed wireless solutions. This agreement follows the company’s 2022 acquisitions of IoThink Solutions, Mobius Networks and Jola, continuing Wireless Logic’s strategy of strengthening its global footprint, service offering and routes to market.

Eindhoven, Netherlands – Signify, a provider in lighting, has announced the acquisition of Intelligent Lighting Controls, Inc. (ILC), a U.S. manufacturer of wired control systems, expanding its connected portfolio.  

Malta, United States – GlobalFoundries has announced that it has acquired Renesas Electronics Corporation (Renesas)’s proprietary and production proven conductive bridging random access memory (CBRAM) technology, a low power memory solution designed to enable a range of applications in home and industrial IoT and smart mobile devices.

Irvine, United States – SEW, a provider of digital customer and workforce experience cloud platforms, has announced the acquisition of 3Insys, a provider of an Agile Integration platform delivering complete system, data, and security integration of IT-OT environments for the energy and utility industry. 3Insys products allow utilities to standardise on how applications are integrated into an organisation, making

Teaneck, United States – Cognizant has entered into an agreement to acquire Mobica, an IoT software engineering services provider headquartered in Manchester, United Kingdom. Mobica’s services span the full software development cycle, with core competencies in development, implementation, testing and deployment of embedded software, and a specialisation in clients’ strategic internal research and development projects.

Semtech Corporation and Sierra Wireless, Inc., have announced the completion of Semtech’s acquisition of Sierra Wireless in an all-cash transaction representing a total enterprise value of approximately [$1.2 billion (€1.10 billion)].

New York, United States – Ace Global Business Acquisition Limited, a acquisition company, has announced that it has entered into a definitive merger agreement with LE Worldwide Limited (“LE”), a key component provider of data-enabled greenhouse farming solutions, providing for a proposed business combination that, if consummated, will result in LE becoming a publicly listed company.