Acquisitions & Partnerships Viewpoints

Recently, I attended the first analyst summit for Uptake, a four-year old Chicago-based company that provides asset-centric data management, industrial predictive analytics (including machine learning), and cybersecurity solutions. Currently, the company is active in the railway, wind, oil and gas, and aviation sectors, which happen to be among the leading markets for IIoT use cases.

Toshiba Digital Solutions Corporation and Nebbiolo Technologies Inc. signed a strategic partnership agreement to deploy industrial IoT solutions using leading-edge fog computing technology.

ABB, Hewlett Packard Enterprise (HPE) and Rittal will unveil the Secure Edge Data Center (SEDC) for industrial and telecommunications environments at Hannover Messe. 

Emerson announced it has signed an agreement to purchase the Tools and Test Equipment (Tools & Test) business of Textron for $810 million.

ServiceMax from GE Digital, a software company for the Industrial Internet, and Zinc, a provider of an Enterprise Communication platform, announced a jointly developed solution for field service teams to have real-time communication, and specifically correlated to Predix ServiceMax work orders, accounts, installed products and contacts.

Rockwell Automation and Cisco have released new network design guides and white papers to help companies connect mobile devices and deploy end-to-end cloud connectivity while maintaining security best practices.

Industrial AI software supplier Uptake announced that it has acquired Albuquerque-based Asset Performance Technologies, Inc. (APT) for an undisclosed amount.

Saudi Aramco, the world's largest oil producer, signed an agreement to pick up 50 percent stake in a planned $44-billion refinery-cum-petrochemical project in Maharashtra, India - a move that will give it an assured customer for additional 30 million tons of its crude oil.

Yokogawa Electric Corporation announced the establishment on April 1 of a Single Cellome Co-innovators' Consortium.

Infosys announced a definitive agreement to acquire WONGDOODY, a US-based, full-service creative and consumer insights agency.