CEO tells IoT Now why Hansen Tech is buying Sigma for £89.4mn

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. 

Read more

ServiceNow acquires Parlo, AI workforce solution

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.

Read more

Steve Joyner appointed to lead Avaya channel in Europe

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.

Read more

Nexeon MedSystems begins trading as NXNN bringing IoT into treatment of Parkinson’s disease

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.

Read more

Cogito Capital and ELS acquire the suretap wallet platform

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”).

Read more

Itron completes $100m acquisition of Comverge parent for grid and customer experience solutions

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.

Read more

Actility acquires Abeeway to create a best-in-class portfolio for IoT location services

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

Read more

TEOCO strengthens its capabilities with acquisition of data processing and analytics provider PreClarity

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.

Read more

Swiss-based u-blox acquires SIMCom cellular module product line in a deal worth US$52.5m

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.

Read more

Accenture completes acquisition of 47.4% of OCTO Technology and buys creative agency Karmarama

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.

Read more

SAP buys IoT vendor PLAT.ONE to integrate app enablement into Hana cloud platform

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. 

Read more

SpeedCast acquires WINS Ltd to strengthen position in global maritime satcoms

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.

Read more

Verizon to enhance significantly its connected vehicle business with the acquisition of Telogis

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

Read more

Condeco acquires myVRM to enhance end user experience and workflow automation platform

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.

Read more

Wearable device shipments will grow at 29% CAGR until 2020, says new SNS Research report

While wearable technology has been utilised in vertical sectors such as the military and healthcare industries for many years, ongoing advances have triggered a major resurgence of the concept,

Read more

More than US$31bn invested in IoT-related start-ups in 2011-2015, says Ovum

Telco and tech firms spent more than US$31 billion on IoT-related investments and acquisitions between 2011 and 2015, according to new research from Ovum.

Read more