Menu

The Industrial Internet of Things FEATURE NEWS

relayr Announces Strategic Acquisition of Proximetry

By Ken Briodagh December 28, 2016

relayr, a global Enterprise Internet of Things (IoT) platform provider, has recently announced its plans for a strategic acquisition of Proximetry with the goal of propelling its Industrial IoT (IIoT) initiatives forward, completing its technology stack, and expanding its ability to deliver new solutions beyond Manufacturing, Smart Buildings, Retail, and Retrofitting the Transportation and Energy/Utilities markets. In addition, this will expand relayr’s already strong and growing partner ecosystem.

This acquisition was made possible by a recent Series B funding round. Along with the company’s organic growth, the addition of Proximetry will grow the global team by more than 50 people and add offices in San Diego and Katowice.

Over the last decade, Proximetry has built a customer base across industrial vertical markets, with smart cities companies, smart transportation vendors, and utilities using its device management capabilities and global industrial suppliers. Proximetry’s technology will enhance relayr’s capabilities in large-scale device management, security, and firmware management and it will add a significant number of industrial protocols to the relayr catalog.

The companies are working closely together to ensure a smooth integration of the technologies into one, complete IoT architecture. This end-to-end IoT technology stack – from the physical things, like machines, to sensors, gateways and cloud enablement – is key to successfully implementing the large scale deployment of connected devices. This system-wide thought process is imperative to collecting, processing, and analyzing the big data in order to achieve the necessary business outcomes.

“The importance of this acquisition cannot be overstated,” said Josef Brunner, CEO and co-founder, relayr. “The addition of Proximetry technologies to our existing product portfolio will enable relayr to deliver unparalleled performance optimization, risk prevention, and uptime models to our customers. This is just one more step for us on the path to becoming the Industrial IoT Powerhouse.”




Edited by Alicia Young

Editorial Director

SHARE THIS ARTICLE
Related Articles

IoT Time Podcast S.3 Ep.10 Netcracker

By: Ken Briodagh    3/29/2018

In this episode of IoT Time Podcast, Ken Briodagh sits down with Paul Hughes (@PHughesNC), Director of Strategy at Netcracker to talk about 5G impleme…

Read More

Smart Farming: How IIoT Is Making Agriculture More Sustainable

By: Special Guest    3/28/2018

The IIoT is driving a new industrial revolution - and this one's centered on the automation of industrial processes. All kinds of industries are affec…

Read More

IIC Releases Endpoint Security Best Practices

By: Chrissie Cluney    3/27/2018

Are you and your company interested in learning more about the IIoT to better your company's productivity? The Industrial Internet Consortium (IIC), t…

Read More

IoT Events Feature Healthcare, Smart City, Autonomous Vehicles and IIoT

By: Ken Briodagh    3/26/2018

The IoT is expanding in hundreds of new vertical directions, and upcoming events are focusing on some of the hottest: Smart City IIoT, Autonomous Vehi…

Read More

FogHorn Partners with Google Cloud to Deliver IIoT Solution

By: Ken Briodagh    3/22/2018

Foghorn Lighting Edge Intelligence platform with Google Cloud IoT Core will maximizes the value of industrial data on IoT devices

Read More