Cincinnatis Losant acquired by global open source giant SUSE, capping a decade-long bet on industrial IoT
Summary
SUSE has acquired Cincinnati-based Losant, an industrial IoT platform, with financial terms undisclosed. The deal brings Losant's low-code Tiny Edge application layer into SUSE's Edge portfolio and the company plans to open source the Losant technology. Losant, founded in 2015, raised more than $25 million, serves enterprise customers like Verizon and HPE, and earned placement in the 2025 Gartner Magic Quadrant for Global Industrial IoT Platforms. SUSE gains a full-stack industrial IoT story that runs from data-center Kubernetes to on-device sensors, and the acquisition validates Ohio's deep-tech startup ecosystem while accelerating SUSE's industrial edge strategy.
Classifications
industries
AgriTech
applications
Accounting and Taxes
AskAI Classifications
Labels
Enterprise IoT Platform
SaaS
Industrial IoT
