GE Digital Acquisition of Israeli Startup Nurego to Help Acceleration of IIoT Business Models

Author photo: Craig Resnick
ByCraig Resnick
Category:
Acquisition or Partnership

GE Digital has acquired Israeli monetization platform developer Nurego.  The company, with offices in Herzliya and Seattle, will help GE Digital accelerate Industrial Internet of Things business models.  No financial details about the deal were disclosed.

Nurego, which was founded in 2013, has had GE Digital as a major customer for the past two years.  GE has been using Nurego’s monetization and business operations tool both internally and as a Predix microservice.  GE’s Predix helps industrial companies develop, deploy and operate Industrial Internet applications from the edge to the cloud.  Nurego helps companies to monetize their Predix-based Industrial Internet applications alongside their legacy products and businesses.

Nurego will continue to operate from its Israel office.

 

Keywords: Industrial Internet of Things (IIoT), Monetization Platform, Predix-based, ARC Advisory Group.

 

 

 

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