© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - relayr Completes Second Strategic Acquisition
Posted 28th February 2017

relayr Completes Second Strategic Acquisition

relayr, the global enterprise Internet-of-Things (IoT) platform provider, announces its second strategic acquisition within two months.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

relayr Completes Second Strategic Acquisition
Image

relayr, the global enterprise Internet-of-Things (IoT) platform provider, announces its second strategic acquisition within two months. On the heels of its recent acquisition of device management company Proximetry, relayr has now completed the acquisition of artificial intelligence data security company Neokami. The Neokami acquisition adds robust security to the relayr stack through machine learning and artificial intelligence, while the Proximetry acquisition strengthened their southbound device management capabilities.

Through Neokami, relayr becomes the first IoT platform provider in the market to invest significantly in securing their customer deployments. relayr is committed to addressing one of their customers’ top concerns, security for IoT implementations, by ensuring that security features are built into their product stack from the ground up. Not only does the Neokami acquisition integrate excellent security, machine learning, and artificial intelligence capabilities to relayr’s products, but also brings the exceptional talents of Neokami’s team members to work with existing relayr partners.

“We can only be successful by keeping the success of our customers at the center of our strategy. The acquisition of Neokami, just as with Proximetry, is the result of relayr’s deeply held commitment to listening to our customers and partners feedback and delivering the IoT solutions that they need most,” says relayr CEO, Josef Brunner.

relayr, the quickly growing and dynamic company, will continue to invest in organic growth of Neokami’s Munich operations, and plans to grow that location to 30 team members by the end of the year. Neokami’s US presence will be merged with relayr’s headquarters in Boston.

Categories: Innovation, M&A


You Might Also Like
Read Full PostRead - Eye Icon
Expert Witness
Innovation
06/09/2017Expert Witness

Expert Witness

Read Full PostRead - Eye Icon
8 Reasons Why Your Business Needs a Terms and Conditions Agreement on Your Website
Legal
01/02/20228 Reasons Why Your Business Needs a Terms and Conditions Agreement on Your Website

We’ve all seen terms and conditions agreements. They’re those things you click past when you’re updating iTunes. Unless you’re on the side that’s setting those terms, you probably don’t pay them much attention. That’s okay. I won't judge you.

Read Full PostRead - Eye Icon
The Role of Legal Expertise in Securing Fair Compensation After Major Transport Incidents
News
08/04/2024The Role of Legal Expertise in Securing Fair Compensation After Major Transport Incidents

When a semi-truck incident shatters the rhythm of daily life, the path to justice is often entangled in complex legal frameworks. A specialist’s grasp on this multifaceted process is not a luxury but a necessity. Corporations and victims find themselves

Read Full PostRead - Eye Icon
Indonesia’s Most Credible Intellectual Property Firm
Strategy
05/12/2016Indonesia’s Most Credible Intellectual Property Firm

Am Badar & Partners is one of the leading Intellectual Property Firms in Indonesia that handles all areas of IP and related IP matters.

Read Full PostRead - Eye Icon
Intellectually Stimulating Work
Innovation
07/06/2017Intellectually Stimulating Work

Sand & Sebolt, LPA is an intellectual property boutique law firm located in Northeast Ohio, USA. They were recently awarded the Most Outstanding IP Law Firm 2016 as part of the 2016 Global Excellence Awards, after which we invited them to profile the work of t

Read Full PostRead - Eye Icon
New Media Investment Group Acquire Stephens Media LLC for USD102m
Finance
25/03/2015New Media Investment Group Acquire Stephens Media LLC for USD102m

New Media Investment Group Inc. announced that it has completed the previously announced acquisition of substantially all of the assets of Stephens Media, LLC (“Stephens Media”) for $102.5 million in cash, subject to working capital adjustments.

Read Full PostRead - Eye Icon
Advancements in Machine Learning for Short-Term Weather Prediction Models
News
15/01/2024Advancements in Machine Learning for Short-Term Weather Prediction Models

The impact of machine learning on industries cannot be overlooked, and weather forecasting is no exception. In recent times, significant progress has been made in using machine learning algorithms to enhance short-term weather forecast models. These advancemen

Read Full PostRead - Eye Icon
Ones to Watch in IP, 2016
Innovation
30/06/2016Ones to Watch in IP, 2016

Medical IT Projects - Motivation for Business Leaders to secure IT Data more efficiently?

Read Full PostRead - Eye Icon
Helsingborg-Helsingør route
Finance
19/03/2015Helsingborg-Helsingør route

First State Investments has reached financial close for its acquisition of the Helsingborg - Helsingør ferry route, raising about €230 million ($261 million) equivalent of debt from three commercial banks and a debt fund. A joint-venture between ferry opera



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow