IoT solutions for industrial, energy and transportation to be developed jointly by Axeda and Intel

Foxboro, Massachusetts, USA — Axeda, the cloud-based service and software for connecting, building and managing Internet of Things (IoT) solutions, has announced a technology alliance with Intel® that utilises Intel® Quark™ SoC X1000 Series processors to help rapidly evolve IoT solutions for the industrial, energy & transportation industries.

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Axeda appoints DeSisto as new CEO, announces record growth and US$12m in new funding

(Foxboro, Massachusetts, USA. August 20, 2013) – Axeda Corporation, the cloud-based service and software provider for managing M2M solutions, today announced the appointment of Todd DeSisto (pictured) as president and chief executive officer. The company has also closed US$12 million in growth funding led by JMI Equity, a long-term supporter of Axeda, as well as

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