Osborne Clarke advises Wireless Logic on the acquisition of IoThink

Acquisitions

Summary

Wireless Logic, a leading provider of Internet of Things (IoT) connectivity solutions, has announced the acquisition of the French company IoThink Solutions. IoThink Solutions, founded in 2016, provides software that enables customers to build custom IoT platforms for remote monitoring and analysis of industrial IoT equipment and environments. Its Kheiron suite supports low-code development, and syncs with 750 pre-integrated sensor devices; it also offers digital twin capabilities and templates for industrial use cases. The sellers were advised by LERINS, with a team composed of Laurent Julienne, partner, Yohann-David Saadoun and Julia André, associates.

Classifications

industries
HealthTech
applications
Accounting and Taxes

AskAI Classifications

Labels
IoT Connectivity Software SaaS Telecommunications Software

Linked Companies

Wireless Logic
$10M to $25M