13 Acquisitions of Companies in the Internet of Things Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Internet of Things industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 13 acquisitions that took place in the Internet of Things industry.

Connesi acquired by DHH

Details about the transaction:

Acquisition amount:

$5,605,661

Announcement:

28 July 2022

Details about the company:

Customers of Connesi can access the internet through wireless, fiber optic, and xDSL.

Headquarter:

Foligno, Umbria, Italy

Where to find them:

Industry:

Internet of Things, Professional Services, Wireless

Details about the buyer:

Southeast Europe's cloud computing service provider

Headquarter:

Milano, Lombardia, Italy

Where to find them:

Evi acquired by Amazon

Details about the transaction:

Acquisition amount:

$26,000,000

Announcement:

17 April 2013

Details about the company:

Technology firm Evi specializes in software for knowledge bases and semantic search engines.

Headquarter:

Cambridge, Cambridgeshire, United Kingdom

Where to find them:

Industry:

Analytics, Artificial Intelligence, Information Technology, Internet of Things, Mobile, Search Engine, Software

Details about the buyer:

Amazon is an online store that caters to buyers, merchants, and content producers.

Headquarter:

Seattle, Washington, United States

Where to find them:

E-Mantech acquired by Yachuang Electronics Group

Details about the transaction:

Acquisition amount:

$18,344,979

Announcement:

9 January 2022

Details about the company:

E-Mantech is a wholesaler of electronic components and a supplier of Internet of Things solutions.

Headquarter:

Shenzhen, Guangdong, China

Where to find them:

Industry:

Automotive, Electronics, Hardware, Internet of Things, Sales, Telecommunications

Details about the buyer:

Vehicle active and passive parts are distributed by TEXIN. They also offer navigation and entertainment systems for vehicles.

Headquarter:

Shanghai, Shanghai, China

Where to find them:

MobileSoft acquired by Digitouch SpA

Details about the transaction:

Acquisition amount:

$3,728,700

Announcement:

15 November 2022

Details about the company:

An IT firm called MobileSoft specializes in providing services for developing mobile apps, IoT, and websites.

Headquarter:

Rome, Lazio, Italy

Where to find them:

Industry:

Information Technology, Internet of Things, Mobile Apps, Web Development

Details about the buyer:

Digital marketing services were offered by Digitouch.

Headquarter:

Milano, Lombardia, Italy

Where to find them:

Saguna acquired by COMSovereign

Details about the transaction:

Acquisition amount:

$13,100,000

Announcement:

18 May 2021

Details about the company:

Saguna drives intelligent mobile networks, deeply integrating cloud computing into 4G and 5G networks.

Headquarter:

Yoqne`am `illit, HaZafon, Israel

Where to find them:

Industry:

Cloud Computing, Internet of Things, Mobile

Details about the buyer:

A pure-play 5G connection and data transmission system enabler is COMSovereign.

Headquarter:

Dallas, Texas, United States

Where to find them:

Neura acquired by Otonomo

Details about the transaction:

Acquisition amount:

$50,000,000

Announcement:

5 October 2021

Details about the company:

generating useful insights from anonymised data and activity signals to enable enterprises to make strategic decisions.

Headquarter:

Palo Alto, California, United States

Where to find them:

Industry:

Artificial Intelligence, CRM, Internet of Things, Machine Learning, Marketing Automation, Mobile, Mobile Apps, Software

Details about the buyer:

Otonomo is a cloud-based technology that links millions of automobiles to automakers, drivers, and service providers.

Headquarter:

Herzliya, Tel Aviv, Israel

Where to find them:

Tictrac acquired by Dialogue

Details about the transaction:

Acquisition amount:

$56,000,000

Announcement:

13 April 2022

Details about the company:

Tictrac is a linked health platform that uses user data to include users in their health.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Data Visualization, Health Care, Internet of Things, Predictive Analytics

Details about the buyer:

Dialogue is a healthcare organization that offers telemedicine and virtual care for the treatment of chronic illnesses.

Headquarter:

Montréal, Quebec, Canada

Where to find them:

VerticalNet acquired by BravoSolution

Details about the transaction:

Acquisition amount:

$15,200,000

Announcement:

26 October 2007

Details about the company:

Supply management solutions are offered by VerticalNet, which assists businesses in determining ongoing value throughout the supply management process.

Headquarter:

Malvern, Pennsylvania, United States

Where to find them:

Industry:

Advertising, Digital Marketing, E-Commerce, Internet, Internet of Things, Online Portals, Social Media

Details about the buyer:

BravoSolution helps businesses connect supply management with their goals by providing software, practice innovation, and expertise solutions.

Headquarter:

Malvern, Pennsylvania, United States

Where to find them:

MASS Communications acquired by Windstream

Details about the transaction:

Acquisition amount:

$37,500,000

Announcement:

1 January 2018

Details about the company:

A provider of phone, data, and networking services, MASS Communications is a telecommunications firm.

Headquarter:

New York, New York, United States

Where to find them:

Industry:

Internet, Internet of Things, Telecommunications

Details about the buyer:

Businesses in the United States may use managed services, phone and data network connections, and more from Windstream Communications.

Headquarter:

Little Rock, Arkansas, United States

Where to find them:

Hypernet Technologies acquired by XL Axiata Tbk

Details about the transaction:

Acquisition amount:

$22,334,948

Announcement:

23 March 2022

Details about the company:

For a variety of industries, Hypernet Technologies provides digital communication, expert IT, security, internet, and cloud services.

Headquarter:

Jakarta, Jakarta Raya, Indonesia

Where to find them:

Industry:

Cloud Computing, Information Technology, Internet of Things, IT Infrastructure, Network Security

Details about the buyer:

Mobile and telecommunications network services are provided to customers and companies by XL Axiata Tbk, a telecommunications provider.

Headquarter:

Jakarta, Jakarta Raya, Indonesia

Where to find them:

Neul acquired by Huawei Technologies

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

22 September 2014

Details about the company:

To make it possible to exploit TV white space spectrum, Neul creates wireless network technology.

Headquarter:

Cambridge, Cambridgeshire, United Kingdom

Where to find them:

Industry:

Internet, Internet of Things, TV, Wireless

Details about the buyer:

Software and hardware for infrastructure applications are offered by Huawei Technologies using wireline, wireless, and IP technologies.

Headquarter:

Shenzhen, Guangdong, China

Where to find them:

NanoAvionics acquired by Kongsberg Defence & Aerospace

Details about the transaction:

Acquisition amount:

$66,668,992

Announcement:

5 July 2022

Details about the company:

There are now five offices for NanoAvionics, a smallsat bus maker and mission integrator, in the US, the UK, and LT.

Headquarter:

Columbia, Illinois, United States

Where to find them:

Industry:

Aerospace, Communication Hardware, Consumer Electronics, Electronics, Hardware, Industrial Engineering, Internet of Things, Manufacturing, Satellite Communication

Details about the buyer:

A leading provider of systems and solutions for the defense and aerospace industries is Kongsberg Defence & Aerospace.

Headquarter:

Kongsberg, Buskerud, Norway

Where to find them:

LEVL Technologies acquired by Comcast

Details about the transaction:

Acquisition amount:

$50,000,000

Announcement:

20 June 2022

Details about the company:

A device intelligence and identification platform from LEVL Technologies strikes a balance between user privacy and network visibility.

Headquarter:

Palo Alto, California, United States

Where to find them:

Industry:

Cyber Security, Internet of Things, Network Security, Software

Details about the buyer:

Millions of people are connected by Comcast, a media and technology corporation, to the moments and encounters that matter most.

Headquarter:

Philadelphia, Pennsylvania, United States

Where to find them:

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