relayr Acquires Neokami

relayrrelayr, a Boston, MA and Berlin, Germany-based Enterprise Internet-of-Things (IoT) platform provider, acquired Neokami, a Munich, Germany–based artificial intelligence data security company.

The amount of the deal was not disclosed.

The acquisition adds security to the relayr stack through Neokami’s machine learning and artificial intelligence cababilities.

relayr will continue to invest in the organic growth of the company’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.

Led by CEO Josef Brunner, relayr is an Enterprise IoT company providing enterprises with solutions to digitize physical objects via an end-to-end development system consisting of an IoT cloud platform that communicates from Any-to-Any (any service, any software, any platform, any sensor); open source software development kits; and a team of experts to support rapid prototyping and implementation.
The company recently acquired device management company Proximetry, acquisition strengthened their southbound device management capabilities.

FinSMEs

05/03/2017

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