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

  • The future car will be a robot-driven giant computer, says report
    October 14, 2013
    A newly published Frost & Sullivan video report, The Future of Mobility summarises the key factors which impact the way people will move from door to door in the future and which will add a new dimension to the mobility behaviour of human beings. The video report highlights trends impacting mobility, presents future mobility solutions like car sharing, and mobility apps, providing door to door one stop shop journeys, and discusses and compares what organisations within the mobility eco-system are doing to e
    Read More
  • Start-ups to present smart mobility projects at Automobile Barcelona
    May 10, 2017
    Onboard Ventures, the open innovation initiative of Ficosa and Idneo, the Ficosa group’s engineering firm, has selected ten start-ups to present their smart mobility solutions for the automotive industry in the 4YFN Mobility Village at the Automobile Barcelona Connected Hub on 11 and 12 May. Onboard Ventures aims to support start-ups in advancing their projects and turning them into viable businesses. The finalists include four Spanish companies which have developed geo-location solutions and an anti-fog so
    Read More
  • Verizon expands MEC deployment in US
    November 25, 2020
    Edge computing and 5G are 'essential' in C-V2X spaces for enabling C/AVs, firm says
    Read More
  • SAP and China to cooperate on ITS
    May 30, 2013
    German software company SAP plans to enter into a strategic cooperation with the Chinese government on the development of intelligent transportation systems to help manage traffic in China’s fast-growing urban areas over the coming decades. SAP and the Chinese High-Way Group plan to enter into broad collaboration for research on integrated solutions for transportation communications and the development of intelligent traffic management systems leveraging advanced software solutions from SAP for big data pow
    Read More

Highlighted Content