Mergers & Acquisitions

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. 

Global provider of catalogue-driven software, Sigma Systems, announced today that it is being acquired by Hansen Technologies for an undisclosed sum. Hansen is a specialist in billing, data management and customer care solutions for the energy, water, pay-TV, and telecommunications industries.

HCL Technologies (HCL), a global technology company, announced the acquisition of Strong-Bridge Envision (SBE) , a consulting firm for digital transformation with offices in Seattle, Denver, Atlanta and New York. With this acquisition, SBE will be part of the global and analytical business of HCL (Services mode 2 of HCL).

Appen Ltd, a global provider of human-annotated datasets for machine learning (ML) and artificial intelligence (AI), has agreed to acquire Figure Eight, a machine learning software platform which uses automated tools to transform

Iota Communications, Inc., a wireless network management and industrial automation company that provides Internet of Things solutions that optimise energy efficiency, sustainability and operations for commercial facilities, announced the formation of Iota Spectrum Partners, LP,

Qualys, Inc., a provider of cloud-based security and compliance solutions, announced it has acquired the software assets of Adya, Inc.

Amazon and Eero announced that they have entered into a definitive merger agreement under which Amazon will acquire Eero. Eero’s home mesh Wi-Fi systems set up in minutes and blanket every room of a customer’s home in high-performing,

Neosem Technology has acquired the Data Storage automation team from Verselus LLC to form a new division.

Guavus, a Thales company and specialist in Artificial Intelligence (AI)-based analytics, has acquired SQLstream. SQLstream is a real-time streaming analytics company based in San Francisco, CA. Terms of the deal have not been disclosed.

Sphera, said to be the largest global provider of integrated risk management software and information services with a focus on Operational Risk, Environmental Health & Safety and Product Stewardship, has acquired Petrotechnics. Terms of the deal have not been disclosed.

NEC Corporation announced the acquisition of KMD Holding ApS, the holding company of KMD A/S , the Danish IT company. NEC is acquiring KMD for approximately 8 billion Danish Kroner (DKK) from Advent International,