LPWAN company Actility acquires IoT geolocation specialist
French LPWAN player Actility has forked out on Abeeway, a geolocation system specialist, to augment its ThingPark IoT platform.
The thinking behind this first acquisition since Actility secured a fresh round of funding last month is that this is a significant, strategic acquisition for the company. It’s easy to see how geolocation would add value to an IoT platform, especially in areas such as transport and logistics, supply chains and security.
“We’re seeing massive demand for
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