Mergers & Acquisitions - Page 4 of 22 - IoT global network

Press Releases

Semtech set to acquire Sierra Wireless for enterprise value of about $1.2bn

02 August, 2022 – Camarillo, United States , & Vancouver, Canada – Semtech Corporation, a global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, and Sierra Wireless, Inc., a Internet of Things (IoT) solutions provider, announced a definitive agreement under which Semtech will acquire all outstanding shares of Sierra Wireless for [$31 per share (€30.43 per share)] in an all-cash transaction representing a total enterprise value of approximately [$1.2 billion (€1.18 billion)], subject to customary closing conditions. (more…)

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August 3, 2022

Posted by: Janmesh Chintankar

Huawei now part of Sisvel Wi-Fi 6 patent pool as founding member

Shenzhen, China. 19 July, 2022 – Huawei announced that it has joined Sisvel Wi-Fi 6 patent pool as one of its founding members. This new patent pool provides an avenue for Wi-Fi 6 standard essential patents of Huawei and other innovators to be shared. Huawei has also concurrently become a licensee of the pool.

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July 20, 2022

Posted by: Janmesh Chintankar

Renesas to acquire Reality AI to bring advanced signal processing and intelligence to the endpoint

Tokyo, Japan. 09 June, 2022 – Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, announced it has entered into a definitive agreement with Reality Analytics, Inc. (Reality AI), a provider of embedded AI solutions, under which Renesas will acquire Reality AI in an all cash transaction. (more…)

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June 10, 2022

Posted by: Janmesh Chintankar

Saturn Cloud and Bodo.ai partner to bring extreme performance python to data scientists

New York, United States. 01 June, 2022 – Saturn Cloud, the data science and machine learning platform and bodo.ai, a parallel data compute platform providing extreme scale and speed for Python, have announced their partnership to take Python analytics performance to the next level for data science teams. (more…)

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June 5, 2022

Posted by: Janmesh Chintankar

Kajeet announces collaboration with ONF for private 5G innovation

McLean, United States. 1 June 2022 – Kajeet, a provider of private wireless and managed IoT connectivity, announced a collaboration with the Open Networking Foundation (ONF). The partnership is one of the many steps the company is taking to disrupt enterprise private 5G with a software defined open network innovation. Kajeet’s private 5G platform will integrate ONF’s Aether, an open source 5G connected edge platform, to bring together private wireless and edge cloud delivered as a turnkey cloud managed network as a service. (more…)

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June 1, 2022

Posted by: Janmesh Chintankar

Virtusa is now a global systems integrator for WSO2

London, United Kingdom – 18 May, 2022 – Virtusa, a global services provider, and WSO2, the digital transformation technology provider, announced that Virtusa is now a WSO2 global systems integrator (GSI). Through this partnership, Virtusa will deliver digital transformation solutions based on WSO2’s platforms to Virtusa’s diverse global customer base. (more…)

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May 19, 2022

Posted by: Janmesh Chintankar

VeriSIM Life announces acquisition of Molomics Biotech

San Francisco, United States – VeriSIM Life the Artificial Intelligence (AI)-enabled, R&D decisions de-risker for breakthrough drug development, announced the acquisition of Molomics Biotech, a privately held drug discovery company that leverages proprietary AI technology to design more efficacious and safer therapeutics to achieve higher successes in clinical trials. (more…)

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May 11, 2022

Posted by: Janmesh Chintankar

Textron completes acquisition of pipistrel

Providence, United States. Textron Inc. announced that it has closed its acquisition of Pipistrel d.o.o., Pipistrel Vertical Solutions d.o.o. and Pipistrel Italia Srl., known collectively as Pipistrel, an award-winning pioneer and global provider in electrically powered aircraft.

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April 18, 2022

Posted by: Anasia D'mello

Datto to be acquired by Kaseya for $6.2bn, with funding led by Insight Partners

Miami & Norwalk, United States.  – Kaseya, a provider of unified IT management and security software for managed service providers (MSPs) and small to medium-sized businesses (SMBs), and Datto, a global provider of security and cloud-based software solutions purpose-built for MSPs, announced that they have entered into a definitive agreement for Kaseya to acquire Datto. The all-cash transaction will be funded by an equity consortium led by Insight Partners, with significant investment from TPG Capital and Temasek, and participation from notable investors including Sixth Street.

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April 11, 2022

Posted by: Anasia D'mello

HelpSystems acquires Terranova Security to aid global customers in building localised employee security awareness training

HelpSystems announced the acquisition of Terranova Security, a provider in global phishing simulation and security awareness training. Available in more than 40 languages, Terranova’s platform and content incorporates gamification techniques to increase engagement and knowledge retention. This approach enables all organisations to hone employee cyberattack prevention skills and reduce the chance of a successful phishing attack. Terranova extends HelpSystems’ overall security suite with a proven training security awareness solution that complements email security offerings from Clearswift, Agari, and PhishLabs. (more…)

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April 8, 2022

Posted by: Anasia D'mello