acquisition

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

Cambridge, UK / Munich, Germany. July 7th 2021 – IoT enterprise network operator (ENO), Pod Group, has been acquired by Giesecke+Devrient (G+D), a global security technology group headquartered in Munich. Terms of the deal have not been disclosed. The acquisition will build on Pod Group’s positioning as a provider of the connectivity, infrastructure and managed

In a cash-only deal announced today, Hansen Technologies, based in Australia, is to acquire Canada’s Sigma Systems for CAN$157 million. The deal took market watchers by surprise and in an exclusive interview with IoT Now, Tim Spencer, CEO of Sigma describes what led to the deal. 

ServiceNow announced it has agreed to acquire Silicon Valley-based Parlo, an artificial intelligence (AI) and natural language understanding (NLU) workforce solution, in an all-cash transaction expected to close this month.

Avaya Holdings Corp. announced the appointment of Steve Joyner to European Channel Lead. Reporting to Fadi Moubarak, vice president, Channels at Avaya International, Joyner is responsible for growing Avaya’s channel business by scaling through a fully diversified and updated landscape of channel partners and distributors across Europe.

Nexeon MedSystems, Inc. has commenced “regular way” trading on the OTC Market under the symbol “NXNN”. The company is finalising development of its deep brain stimulation system for the treatment of symptoms associated with Parkinson’s disease.

Cogito Capital Ltd. has taken an equity position in ELS to in part facilitate the acquisition of the suretap™ wallet platform from EnStream by Empty Lot Software (“ELS”).

Itron, Inc., a technology and services company in the energy and water sectors, has completed its previously announced acquisition of privately-held Comverge by purchasing its parent company, Peak Holding Corp., for approximately US$100 million.

Actility, a provider of Low Power Wide Area Networks (LPWAN) has acquired Abeeway, a geolocation system provider.

TEOCO, a provider of assurance, analytics and optimisation solutions to over 300 communications service providers (CSPs) and original equipment manufacturers (OEMs), announced that it has strengthened its analytics capability by acquiring PreClarity.

In an asset deal worth US$52.5 million, u-blox is acquiring the cellular modem products, R&D team and customer base of SIMCom Wireless.

Accenture has completed the acquisition of a 47.4% shareholding in OCTO Technology, a France-based technology consultancy specialising in digital transformation and software development. The company has also acquired Karmarama, one of the UK’s largest independent creative agencies helping brands enhance their mobile user experience.

SAP SE has acquired the Internet of Things (IoT) platform vendor PLAT.ONE for an undisclosed sum. The news comes as SAP SE (NYSE: SAP) announced investment plans of €2 billion over the next five years. 

SpeedCast International Limited, has announced the acquisition of WINS Limited. WIN is a Europe-based provider of broadband satellite communications and IT solutions for the maritime sector.

Seeking to add best-in-class Software-as-a-Service (SaaS) technology and services, specifically in the connected vehicle and mobile enterprise management sectors—as well as expanded distribution

International workplace technology provider Condeco Software has acquired myVRM, a New York-based software company with workflow automation expertise in video collaboration, content sharing, unified communications, virtual meetings and analytics.