Deal Snapshot
SOFTWARE AG TO ACQUIRE GERMAN IOT SOLUTIONS FIRM COMULOCITY
Tuesday 28 March 2017

Germany based software company Software AG has acquired the Internet of Things (IoT) platform of Germany based IoT solutions provider Cumulocity GmbH to expand technology in the IoT market, the company said.
Cumulocity offers connectivity for networked digital devices and sensors through a cloud-hosted IoT device management and application enablement platform.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 28/03/2017
Target: Cumulocity GmbH
Country: Germany
Sector: Computer Software
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Software AG
Comment:
Terms of the deal were not disclosed

Options