The following are a few IoT transactions that were announced or consummated during the month of November:
1) 11/5/18: Engie Acquires Smart Buildings Ltd.
Smart Buildings Solutions utilizes IoT devices and software products to provide a building management solution that maximizes energy efficiency.
2) 11/6/18: American Industrial Partners Acquires GE’s Current Business
General Electric Co. b Current is the digital engine for intelligent environments, focused on blending advanced LED technology with networked sensors and software to make commercial buildings, retail stores, industrial facilities and cities more energy efficient & productive.
3) 11/8/18: ForeScout Technologies Acquires SecurityMatters for $113 Million
Founded in 2009, SecurityMatters provides organizations with device visibility, continuous network monitoring, and threat and anomaly detection specific to operational technology and industrial environments using passive collection techniques that don’t impact operations.
4) 11/26/18: Daikin Industries Acquires AHT Cooling Solutions for $993 Million
AHT Cooling Systems GmbH is a developer of industrial refrigeration and deep-freezing technology with main areas of business being fridges and deep freezes for supermarkets, ice cream freezers and drinks cooling.
5) 11/27/18: Amphenol Acquires SSI Controls Technologies for $400 Million
SSI Controls Technologies is a designer and manufacturer of sensors and sensing solutions for the global automotive and industrial markets.
Please feel free to reach out to the team at DGP Capital if you have any questions on any of the above transactions, or on any other market trends for the broader IoT sector.