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

  • BorgWarner to acquire Remy International
    July 15, 2015
    US automotive industry components and parts supplier BorgWarner is to acquire Remy International, a leading producer of rotating electrical components. With key technologies and operations in ten countries on five different continents, BorgWarner says Remy is strongly positioned to benefit from global growth. “We look forward to welcoming Remy’s talented employees to BorgWarner. Their products and capabilities will strengthen BorgWarner’s position in the rapidly developing powertrain electrification tre
    Read More
  • Experience sustainable mobility with Swarco
    September 17, 2024
    Swarco is driving the future of mobility with innovative solutions and a commitment to sustainability as visitors to the company’s stand will experience.
    Read More
  • Flir expands Marseille’s tunnel vision
    November 12, 2014
    Marseille’s city authority has added the monitoring of a second tunnel to the existing network with a new approach towards video management. Measuring 1.5km in length, the double-deck Prado Sud tunnel extends Marseille’s existing 2.5km Prado Carénage tunnel towards the southern part of the city. While it was logical to use a common control room and to use the latest detection and monitoring systems in the new tunnel, it was deemed too disruptive and costly to completely upgrade the existing tunnel.
    Read More
  • UK Autodrive consortium to develop driverless cars
    December 9, 2014
    An Arup-led consortium, UK Autodrive, has won the UK Government’s US$15.6 million ‘Introducing Driverless Cars’ competition. Other members of the consortium are Milton Keynes Council, Coventry Council, Jaguar Land Rover, Ford Motor Company, Tata Motors European Technical Centre, RDM Group, MIRA, Oxbotica, AXA, international law firm Wragge Lawrence Graham & Co, the Transport Systems Catapult, the University of Oxford, University of Cambridge, and the Open University. The aim of the project is to establis
    Read More

Highlighted Content