HMS Networks announces a friendly public takeover offer for all shares in ROBOT S.A.
Summary
HMS Networks announced a public cash offer to buy all shares in Robot S.A. and delist the company. Robot sells sensors, room controllers, and building management systems, especially for hotels and building automation. The deal would expand HMS’s building automation portfolio beyond HVAC gateways and strengthen its hospitality offering. HMS expects the acquisition to help it grow in APAC and the Middle East by using its existing sales channels and customer base.
AskAI Classifications
Sectors
Manufacturing Industry
ERP for Manufacturing
Functions
Internet of Things (IoT) Platforms
General IoT
Linked Companies
HMS Networks
$10M to $25M