Cumulocity, a German IoT platform, has been acquired by Software AG. The terms of the deal have not been disclosed. The acquisition will boost Software AG’s position in the Internet of Things space, the firm said in a statement. Cumulocity develops a cloud-based IoT platform for managing devices and the data they collect. The two […]
Belgian IoT startup Rombit announced that it has acquired the digital security company Sercotec, a firm that has been in business for 23 years. This is Rombit’s first acquisition, and attests to the growth aspirations of the company.
London-based Flo Live, a provider of end-to-end solutions for IoT networks, has raised $4.2 million in a Series A round. The investment was led by ARIE Capital and Golden Sunflower Capital. The company will use the funding to continue its development and grow its sales teams.
The British hardware giant ARM has acquired the Swedish company Mistbase, which develops digital wireless communications solutions for IoT. The purchase price of the deal was not disclosed.
General Electric Digital has acquired Israeli Nurego, a company that supports business operations for IoT networks linking industrial machines.
Swedish company Telia has purchased FältCom, a Umeå-based startup. FältCom has been active in the Nordic market for online public transport. It is the market leader in Scandinavia for mobile platforms on buses, and all speed cameras in Sweden are equipped with FältCom technology. The company has about 40 employees and had sales in 2016 of €8.8 million.
Startupbootcamp’s internet of things accelerator was capped off yesterday with a pitch day in London.