San Diego – Nextivity, a provider in intelligent cellular coverage solutions, has announced the acquisition of Assured Wireless Corporation, a provider in high power user equipment (HPUE) technology. The acquisition enables Nextivity to serve the first responder sector with FirstNet coverage portfolio: indoors, outdoors and at the edge of the network. (more…)
January 30, 2023
Posted by: Janmesh Chintankar
Melville, United States – Micross Components, Inc., a provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical and industrial applications and a portfolio company of Behrman Capital, has announced signing a definitive agreement to purchase the high-reliability DC-DC converter business (the “business”) of Infineon Technologies AG, a global semiconductor provider in power systems and IoT. The deal is expected to close in the first quarter of calendar year 2023. (more…)
January 13, 2023
Posted by: Janmesh Chintankar
San Jose, United States – TDK Corporation has agreed to acquire Qeexo, Co., a U.S.-based venture-backed company spun out of Carnegie Mellon University engaged in the automation of end-to-end machine learning for edge devices. As a result of the acquisition, Qeexo will become a wholly owned subsidiary of TDK, subject to customary closing conditions, including approval of the Committee on Foreign Investment in the US (CFIUS). (more…)
January 9, 2023
Posted by: Janmesh Chintankar
Oakville, Canada – Shoplogix, a division of FOG Software Group (FOG) and Vela Software, has acquired PROXIA Software AG (PROXIA), a German manufacturing execution system (MES) software company, further expanding its portfolio of smart manufacturing software solutions. (more…)
November 22, 2022
Posted by: Janmesh Chintankar
Toronto, Canada – Kontrol Technologies Corp., a provider in smart buildings and cities through IoT, cloud and SaaS technology, has entered into a letter of intent (“LOI”) to acquire a building service and solutions company in Alberta, Canada (the “Target”). (more…)
October 18, 2022
Posted by: Janmesh Chintankar
Northbrook, United States – UL Solutions, a global provider in applied safety science, announced its acquisition of Cimteq Limited, a design support and manufacturing software provider for the global wire and cable manufacturing industry based in the U.K. (more…)
September 20, 2022
Posted by: Janmesh Chintankar
Amaro, Italy – Eurotech SpA, a provider of Edge Computing solutions for mission critical applications, is pleased to announce that it has finalised, concurrently with the signing of the related binding agreement, the acquisition from InoNet GmbH of the entire share capital of InoNet Computer GmbH (“InoNet”), a German company based in Taufkirchen (south of Munich), operating in the sectors of Industrial PCs (IPCs) and embedded systems for special applications. (more…)
Posted by: Janmesh Chintankar
Fremont, United States – Enphase Energy, Inc., a global energy technology company and the supplier of micro inverter-based solar and battery systems, announced that it has agreed to acquire GreenCom Networks AG. Based in Munich, Germany, GreenCom Networks provides Internet of Things (IoT) software solutions for customers to connect and manage a wide range of distributed energy devices within the home. The company’s technology facilitates a convergence of sectors such as mobility, heating, and renewable energy, often referred to as sector convergence or sector coupling, to help achieve full home electrification. (more…)
September 5, 2022
Posted by: Janmesh Chintankar
Zurich, Switzerland – ABB announced it has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team. The business employs around 600 people and generated revenues of approximately [$63 million (€62.01 million)] in 2021. Financial terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2023. (more…)
August 16, 2022
Posted by: Janmesh Chintankar
San Francisco – GrubMarket announced it has completed the acquisition of Vancouver, Canada-based IOT Pay, a fintech company that provides omnichannel payment services that allow merchants to accept payments both in-store and online on a global scale. GrubMarket will leverage IOT Pay’s technology and payments infrastructure to address the food supply chain industry’s accelerating need for faster, more flexible, and more robust digital payment and financing opportunities. (more…)
August 10, 2022
Posted by: Janmesh Chintankar