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

  • TransWiseway and IBM building China’s largest connected vehicles platform
    June 2, 2014
    IBM is collaborating with Beijing transportation information service systems provider TransWiseway Information Technology to build the largest connected vehicles platform in China that will transform the development of the country’s connected car services industry. The cloud-based platform will use advanced analytics for applications that offer real-time in-vehicle services to mobile devices, such as weather advisories, traffic alerts and alternate route suggestions.
    Read More
  • Ridango and Bregal Milestone acquire software firm uTrack
    May 6, 2025
    MaaS specialist and private equity investor are looking for synergies
    Read More
  • New chairman and fresh thinking at Ertico
    October 6, 2015
    Cees de Wijs, who was elected Chairman of Ertico ITS Europe in June, puts the Partnership and this ITS World Congress in context.
    Read More
  • Drone captures map of EastLink tunnel for self-driving car trials
    April 9, 2018
    EastLink has used an aerial drone from Telstra to capture a Lidar map for its Mullum Mullum tunnel in Australia to help support safe trials of fully self-driving cars. Doug Spencer-Roy, EastLink’s corporate affairs and marketing manager, said that trial sites need to be mapped in high resolution to allow self-driving car prototypes to be conducted under controlled conditions to test their safe operation. Additionally, the process can also support the company’s maintenance activities, by allowing the deta
    Read More

Highlighted Content