Wixon, Mich., 18 August 2022 – Firebolt Group, a global smart sign manufacturer and data capture partner for the experience economy, has acquired Glimpse Analytics, an emerging AI analytics and computer-vision-based experience tracking platform for the physical world. (more…)
August 22, 2022
Posted by: Shriya Raban
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
Siemens and MAHLE have agreed to collaborate on inductive charging of electric vehicles (EVs). The companies have now signed a letter of intent to this effect. (more…)
August 12, 2022
Posted by: Janmesh Chintankar
The internet is always abuzz with new technology trends, and anyone who follows them will be familiar with the terms “digital twin” or “digital twin of an organisation”. Although digital twins have been around for several decades, says Matthew Margetts, director of sales and marketing at Smarter Technologies, the rapid rise of Internet of Things (IoT) technology has made the concept more widely considered a tool of the future. (more…)
Posted by: Janmesh Chintankar
09 August, 2022 – Elevāt, the industry provider in off-highway OEM solutions, has partnered with Cummins Inc. to integrate its Cummins Connected Diagnostics application with the Elevāt Machine Connect IoT platform. This strategic collaboration enables customers to access diagnostic messages and receive real-time alerts for Cummins engines and Elevāt’s data in a single dashboard. (more…)
August 10, 2022
Posted by: Janmesh Chintankar
Mesa, United States. 08 August, 2022 – Iveda, a provider of artificial intelligence (AI) video search, Internet of Things (IoT), video surveillance and smart city digital transformation technologies, announces four signed contracts in Taiwan worth approximately [$3 million (€2.94 million)] gross revenues. These projects are in process and are slated to be completed by the end of 2022 calendar year. Iveda Taiwan will manage and see the projects to completion. (more…)
Posted by: Janmesh Chintankar
Stamford, United States and Pune, India. 04 August, 2022 – Siemens and Softdel shared a joint statement announcing a new partnership. Softdel’s globally recognised EdificeEdge IoT gateway platform solution has joined the thriving Siemens Connect Ecosystem – a network that brings together experts in software development, IT, cybersecurity, remote and digital services, and business intelligence. (more…)
August 9, 2022
Posted by: Janmesh Chintankar
Niles, United States. 04 August, 2022 – Sibel Health, an medical technology company spun out of the John Rogers Research Group and the Querrey Simpson Institute for Bioelectronics at Northwestern University, has recently closed a [$33 million (€32.33 million)] Series B financing round, bringing Sibel’s total funding to date to more than [$50 million (€48.98 million)].
August 8, 2022
Posted by: Janmesh Chintankar
California-based Semtech, a global supplier of high-performance chips and algorithms for infrastructure and industrial equipment, is to acquire Canada’s Internet of Things (IoT) solution provider Sierra Wireless. In the latest QuickFire Video, IoT Now’s Jeremy Cowan talks to Semtech’s general manager for IoT, Wireless and Sensing businesses, about the reasons for the deal, the timing, the market impact, and what’s planned for the new expanded business.
Posted by: IoT global network
03 August, 2022 – Vodacom and Microsoft South Africa recently collaborated to train twenty interns around the importance of cybersecurity. Vodacom is keen to play an integral role in addressing cyber skills scarcity in South Africa, with cybersecurity a significant threat for governments, businesses and individuals around the world. (more…)
August 5, 2022
Posted by: Janmesh Chintankar