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.
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