Press Releases

Powerfleet acquires Movingdots to boost its insurance capabilities, global reach to market

Woodcliff Lake, United States – Powerfleet, Inc., a global provider of Internet of Things (IoT) software-as-a-service (SaaS) solutions that optimise the performance of mobile assets and resources to unify business operations, has signed an agreement to acquire Movingdots, a provider of insurance telematics and sustainable mobility solutions based in Bremen, Germany, and a subsidiary of re-insurers, Swiss Re. (more…)

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March 15, 2023

Posted by: Janmesh Chintankar

LiveOak Fiber set to acquire Alma Telephone Company’s fibre network assets in Glynn and Camden counties

LiveOak Fiber, a regional service provider building and operating a broadband network, announces its intent to acquire Glynn and Camden counties fibre network assets from Alma Telephone Company (ATC) Broadband, a telecommunications company based in Alma, Georgia. (more…)

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February 12, 2023

Posted by: Janmesh Chintankar

Nextivity acquires Assured Wireless Corporation to serve first responders

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…)

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January 30, 2023

Posted by: Janmesh Chintankar

Micross acquires high-reliability DC-DC converter business of Infineon Technologies

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…)

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January 13, 2023

Posted by: Janmesh Chintankar

TDK to acquire Qeexo to enable complete smart edge platforms

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…)

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January 9, 2023

Posted by: Janmesh Chintankar

Shoplogix acquires Proxia, builds on Industry 4.0 solution portfolio

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…)

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November 22, 2022

Posted by: Janmesh Chintankar

Kontrol Technologies enters into a non-binding letter of intent to acquire building service and solutions company in Alberta

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…)

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October 18, 2022

Posted by: Janmesh Chintankar

UL Solutions acquires Cimteq

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…)

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September 20, 2022

Posted by: Janmesh Chintankar

Eurotech announces the acquisition of InoNet Computer GmbH

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…)

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Posted by: Janmesh Chintankar

Enphase Energy to acquire GreenCom Networks

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…)

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September 5, 2022

Posted by: Janmesh Chintankar