Mergers & Acquisitions - Page 14 of 22 - IoT global network

Press Releases

Qualitest dips into $420mn funds to buy AlgoTrace and expand its AI and machine learning offering

Software testing and quality assurance company, Qualitest has acquired the artificial intelligence (AI) and machine learning (ML) company AlgoTrace for an undisclosed amount. (more…)

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December 12, 2019

Posted by: Anasia D'mello

Romil Bahl of KORE

KORE acquires Integron to expand footprint in IoT solutions and managed services

Independent global IoT specialist, KORE has acquired Integron for an undisclosed sum. Integron is an IoT solutions and managed services provider with a focus on the connected health market. (more…)

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December 11, 2019

Posted by: Anasia D'mello

Octo acquires Nebula Systems and enhances in intelligent vehicle diagnostics

Octo Telematics, the global provider in transforming an IoT Big Data set into actionable intelligence, has acquired the entire share capital of Nebula Systems Ltd. (more…)

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December 4, 2019

Posted by: Anasia D'mello

The installed base of fleet management systems in Europe will reach 17.6mn by 2023

The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 9.1 million in Q4-2018, according to a new research report from the IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 14.1%, this number is expected to reach 17.6 million by 2023. (more…)

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November 25, 2019

Posted by: Anasia D'mello

The Americas’ installed base of fleet management systems to reach 20.8mn units by 2023, says Berg

According to a new report from the leading M2M/IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 9.5 million in Q4-2018. Growing at a compound annual growth rate (CAGR) of 17.0%, this number is expected to reach 20.8 million by 2023. (more…)

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November 15, 2019

Posted by: Anasia D'mello

PTC completes acquisition of Onshape

PTC announced it has completed its acquisition of Onshape, developer of the Onshape Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) software with powerful data management and collaboration tools. The acquisition positions PTC to capitalise on the inevitable industry transition to SaaS. (more…)

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November 4, 2019

Posted by: Anasia D'mello

Westermo acquires the Irish company Virtual Access

Westermo, a business entity of the Beijer Group, has acquired 100% of Virtual Access Limited, an Irish-based technology company specialising in wireless industrial routers and gateways, and managed connectivity services for customers in the utility, traffic management and telecommunications sectors. (more…)

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November 1, 2019

Posted by: Anasia D'mello

Dassault Systèmes completes acquisition of Medidata to create new virtual twin experiences for healthcare

Dassault Systèmes has completed its acquisition of Medidata Solutions, Inc., whose clinical expertise and cloud-based solutions power the smarter development and commercialisation of treatments. (more…)

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Posted by: Anasia D'mello

Payment platform revenue to surge to $158bn by 2024, with China accounting for half of global spend

New data from Juniper Research has shown that revenue from payment platforms that enables merchants to process payments will grow from $106 billion (€95.6 billion) in 2019 to $158 billion (€142 billion) by 2024. (more…)

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October 25, 2019

Posted by: Anasia D'mello

PTC to acquire leading SaaS product development platform provider Onshape

PTC announced that it has signed a definitive agreement to acquire Onshape, creators of the first Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) with powerful data management and collaboration tools, for approximately $470 million (€423 million), net of cash acquired. (more…)

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Posted by: Anasia D'mello