Globetouch acquires Teramatrix Technologies

US provider of global connectivity solutions and IoT platforms, Globetouch, has announced the acquisition of Indian IoT solutions provider Teramatrix Technologies.
June 28, 2017 Read time: 1 min

US provider of global connectivity solutions and IoT platforms, Globetouch, has announced the acquisition of Indian IoT solutions developer Teramatrix Technologies. Globetouch will leverage and integrate the Teramatrix xFusion platform to create high value IoT applications that support Connected Cars, Autonomous Driving, predictive maintenance and edge intelligence.
 
The acquisition complements Globetouch's existing global connectivity suite and IoT platform which manages the intersection of big data, machine learning and autonomous systems for some of the world’s largest enterprise customers. The addition provides value for both Globetouch and Teramatrix customers and their IoT eco-system partners.

Location Based Systems

Related Content

  • Moscow pins hopes on V2X
    March 18, 2020
    A new transport strategy is aimed at creating conditions for the introduction of new ITS developments within Moscow – and 5G and V2X are on the agenda
    Read More
  • Aldis now Gridsmart Technologies
    March 16, 2015
    After a successful year in both product development and sales, transportation systems specialist Aldis has changed its name to Gridsmart Technologies, which it says more accurately reflects the company’s goals, product line and identity. Gridsmart Technologies developed the Gridsmart System, a tracking-based vision solution for actuation and data collection at intersections and highways. The system uses a single camera with an ultra-wide angle lens to track all movement in its field of view, which allows f
    Read More
  • U-blox acquires 4M Wireless
    April 24, 2012
    Switzerland-headquartered U-blox has announced the acquisition of UK-headquartered 4M Wireless, a company that designs and develops leading software and test solutions that are crucial for developing fourth generation (4G) mobile wireless devices based on the latest Long Term Evolution (LTE) standards. The acquisition will give U-blox ownership of advanced protocol stacks that are licensed to chipset vendors whose products enable 4G user equipment for applications with needs for high speed data connectivity
    Read More
  • Open communication platform to support cooperative infrastructure
    July 23, 2012
    Within the European Commission's CVIS project, work is going on to shrink the open vehicle communication platform to make it more market-ready and to remove barriers to the creation of appropriate applications by those external to the project. Here, ERTICO's Zeljko Jeftic and Paul Kompfner and Q-Free's Knut Evensen discuss progress. Development of the open communication platform which will support the various applications developed by the European Commission's (EC's) Cooperative Vehicle-Infrastructure Syste
    Read More

Highlighted Content