GrayMatter

INVESTMENT AND BUSINESS

Nordic Capital | May 09, 2022

Nordic Capital, a leading European private equity investor, has signed an agreement to become the majority owner of the German-based Industrial Internet of Things (“IoT”) company ProGlove. ProGlove is a disruptive technology leader for a smarter workforce. In close partnership with ProGlove’s management and founders, Nordic Capital will enable the company to accelerate its future growth plans, further expand its customer base and invest in product development. The financial ter...

Mobile World | January 21, 2020

Olea Sensor Networks is hoping to attract new customers through the introduction of new licensing models for companies interested in its IoT IP portfolio. The company’s sensor technology is already being widely used in drones, vehicles, and industrial robotics, but Olea is hoping that the new licensing options will make the technology more accessible to other partners. On that front, Olea believes that its technology will be particularly appealing to the manufacturers of IoT products. The ...

IoT Business News | March 30, 2020

Telit today announced that its FN980m data card module has successfully completed a 5G connection on Mobile TeleSystems’ (MTS) 4.9 GHz (sub-6 GHz) network in Russia. Featuring the Qualcomm® Snapdragon™ X55 5G Modem-RF System, the Telit FN980m is ideal for bandwidth-intensive applications such as branch office connectivity, professional video broadcasting, digital signage and industrial IoT. MTS has achieved several 5G firsts in Russia, where it is the largest mobile operator, wit...

DEVICES

Cartesi | December 03, 2021

This year has seen the near infinite applications of blockchain technology continue to positively impact the world and the thousands of businesses within it, with growth in the industry not set to pause anytime soon. Supply chain, hospitality, medical data, payment systems and more already benefit greatly from updated and decentralized systems; the blockchain devices market in particular is expected to grow to over $2,459 million by 2026; a CAGR of 38.5%. The IoTeX blockchain is a...