Cloverleaf Networks to acquire IoT platform Ryver

Joe Faherty of Cloverleaf Networks

Scottsdale, Ariz., USA. (GLOBE NEWSWIRE). 22nd August 2022 – Communications enabler, Cloverleaf Networks reports that it has agreed terms on a Definitive Agreement to acquire the collaboration and Internet of Things (IoT) platform Ryver. The agreement will be effective from August 22, 2022. Terms of the deal have not been disclosed.

“We are thrilled to add the technology of Ryver and combine it with the Cloverleaf stack of services,” says Joe Faherty, founder and CEO at Cloverleaf Networks. “The need for businesses to find innovative ways to communicate has never been more apparent, and that need is driven by both an increasingly hybrid workforce, and the continued emergence of Internet of Things devices. By combining Cloverleaf’s vast portfolio of wireless and wireline connectivity, the power of our proprietary software CLOE, and the ability to both communicate and collaborate with not just users, but IoT enabled products, Cloverleaf has positioned itself to be the best choice for businesses to connect their people, places and devices.”

“In 2014, we set out to solve the world’s email problem, and the result of that effort was Ryver: a world-class collaboration tool and IoT platform,” says Pat Sullivan, CEO at Ryver. “In Cloverleaf, we have found a partner to continue the work that Ryver had set out to accomplish, and we look forward to watching Ryver continue to grow.”

Born from what it terms “cutthroat corporate aftershocks and tired industry giants,” Cloverleaf Networks is a company that envisions a different future for business technology. It aims to provide all the technology services people need to keep their company communicating as efficiently and cost-effectively as possible – whether your business needs bandwidth, cloud services like SD-WAN and cybersecurity; communications through voice, video and collaboration, or automation and communication through IoT. .

Ryver is a platform enabling teams to communicate, manage tasks, and automate business processes, all in one app. Based in Scottsdale, Arizona, the company was founded in 2014.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow.


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