Mergers & Acquisitions

IoT automation and analytics software company, Waylay has formed a partnership with EPAM Systems, Inc, a global provider of digital platform engineering and software development services. This is in response to increasing customer demand for advanced technologies that help derive more business value from IoT data.

Hitachi Capital Corporation, Yokogawa Electric Corporation, and amnimo Inc., a subsidiary of Yokogawa, have struck a new partnership agreement. The aim is to provide new services by adding Industrial IoT (IIoT) to each company’s technologies, know-how, and lease equipment. The three companies will launch a proof of concept (PoC) to realise services that solve customers’ issues and meet

The IBM board of directors has elected Arvind Krishna as chief executive officer of the company and a member of the board of directors, effective April 6, 2020. Krishna is currently IBM senior vice president for Cloud and Cognitive Software, and was a principal architect of the company’s acquisition of Red Hat.

Rockwell Automation, Inc. has agreed to acquire privately held Avnet Data Security, Ltd, an Israeli-based cyber security provider with more than 20 years of experience providing cyber security services. 

Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, reports that, after the successful integration of Integrated Device Technology, Inc. (IDT) in the U.S., IDT began operating in the market under the name of Renesas Electronics America Inc. as of January 1, 2020. IDT was acquired on March 30, 2019.

Independent global IoT specialist, KORE has acquired Integron for an undisclosed sum. Integron is an IoT solutions and managed services provider with a focus on the connected health market.

Advantech, an embedded computing solutions provider, is expanding its presence in the German market with its new channel partner, HY-LINE Communication Products Vertriebs GmbH. The HY-LINE technology company based in Unterhaching near Munich, develops and realises innovative technical solutions.

Two specialists in roaming, revenue assurance, and fraud management are joining forces to strengthen their solutions and support for the telecommunications industry. Cupertino, California-based Mobileum Inc., a global provider of analytics-based roaming and risk management solutions, is to acquire WeDo Technologies.

Wireless Logic Group, a European IoT connectivity platform provider, has acquired Matooma, the Montpellier, France-based IoT connectivity specialist which is said to have grown rapidly since its inception in 2012.

Tyler Technologies, Inc. announced that two of its data platforms, entellitrak and Socrata Connected Government Cloud, are listed on the United Kingdom’s G-Cloud 11 Digital Marketplace.

Aspen Technology, Inc., a global provider of asset optimisation software, has signed an agreement to acquire Mnubo Inc., a Montreal-based provider of purpose-built artificial intelligence (AI) and analytics infrastructure for the Internet of Things (IoT). Mnubo enables industrial companies to assemble and deploy AI-driven IoT applications quickly, at enterprise scale.

IBM and AT&T announced a multi-year strategic alliance. Under the agreement AT&T Communications will use IBM’s expertise to modernise AT&T Business Solutions’ internal software applications, enabling migrations to the IBM Cloud.

Digital Twin Market size is set to exceed US $20 billion (€17 billion) by 2025; according to a new research report by Global Market Insights, Inc.

From the sold-out LiveWorx 19 digital transformation event, PTC announced new initiatives to fuel its AR business and strengthen the award-winning Vuforia Augmented Reality (AR) platform.

Sectigo (formerly Comodo CA), which is said to be the world’s largest commercial Certificate Authority (CA) and a specialist in web security solutions, has acquired Icon Labs. Icon Labs is a provider of cross-platform security solutions for embedded original equipment manufacturers (OEMs) and Internet of Things (IoT) device manufacturers.

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.