Aeris to Acquire IoT Business from Ericsson

Aeris | December 06, 2022 | Read time : 04:00 min

Aeris Communications, a leading Internet of Things (IoT) solutions provider based in San Jose, California, and Ericsson (NASDAQ: ERIC) have signed an agreement for the transfer of Ericsson’s IoT Accelerator and Connected Vehicle Cloud businesses.

The combination of Aeris and Ericsson’s IoT platforms will connect over 100 million IoT devices worldwide, covering 190 countries, and provide IoT connectivity, software and solutions to thousands of enterprises. The new Aeris will be able to offer an extensive IoT technology stack, brought to the market through a strong ecosystem of channel partners, communications service providers (CSPs) and our direct sales organizations.

"Aeris has been successful in extending its IoT solution offering beyond connectivity and has the right focus, assets, and capabilities to realize the full potential of Ericsson's IoT business and its strong market presence. Despite significant investments to address the fragmentation of the IoT market, Ericsson has only tapped into a limited part of the value chain, limiting the returns of such investments. The combined business will offer an unparalleled IoT platform for enterprises and new revenue streams for communication service providers, ultimately benefiting Ericsson's customers. Aeris is a good home for our IoT business."

-Åsa Tamsons, Head of Business Area Technologies & New Businesses at Ericsson.

With the cellular IoT market being a rather fragmented sector, a consolidation of two industry leading players is expected to accelerate the IoT market overall. IoT will be a fundamental and growing part of the 4G and 5G market.

“Building the best technology to support the success of our customers and driving innovation in the IoT space have always been at the forefront for Aeris. Our intelligent, software-defined IoT network and Ericsson’s leading connectivity management platform will provide the foundation to become a leading IoT technology stack in the industry. We look forward to bringing new, transformational IoT solutions and Ericsson’s IoT Accelerator and Connected Vehicle Cloud products to our customers.”

-Marc Jones, Chairman and CEO of Aeris.

Aeris Communications provides businesses with intelligent IoT cellular connectivity, security, reliability, and support to simplify and streamline IoT programs at scale. The company addresses industries such as transport, automotive, energy, healthcare among others and has helped thousands of customers to deploy and manage their IoT programs end-to-end.

Ericsson IoT Accelerator is used by more than 9,000 enterprises to manage more than 95 million connected devices with 20 million eSIM connections globally. These enterprises and connections leverage Ericsson's growing ecosystem of over 35 communication service provider partners for global cellular connectivity.

ABOUT AERIS:
Founded in 1996, Aeris is a global IoT solutions provider with a proven history of helping companies unlock the value of IoT. For decades, we have powered critical projects for some of the most complex customers of IoT services. Aeris strives to fundamentally improve businesses by dramatically reducing costs, accelerating time-to-market, and enabling new revenue streams. Built from the ground up for IoT and road tested at scale, Aeris’ offering is based on the broadest technology stack in the industry, spanning connectivity up to vertical applications. As veterans of the industry, we know that implementing an IoT solution can be complex, and we pride ourselves on making it simpler.

ABOUT ERICSSON:
Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company’s portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally.

Spotlight

Rubrik Security Cloud Architecture and Security Implementation

Rubrik is a cybersecurity company, and our mission is to secure the world’s data. We pioneered Zero Trust Data Security™ to help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, delivers data protection and cyber resilience in a single platform across enterprise, cloud, and SaaS applications. It helps organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked.

More featured news

Spotlight

Rubrik Security Cloud Architecture and Security Implementation

Related News

DEVICES

Wiliot's Innovation Kit Enables Intelligence Scalability with IoT Pixel Tagging

Williot | January 11, 2023

Wiliot, an Internet of Things (IoT) pioneer, has announced the launch of its Innovation Kit, which provides companies of any size and budget with an easy way to discover and experience ambient IoT technology. This kit is made to make it easier for businesses to use IoT solutions to gain a competitive edge. Wiliot's mission is to make every single thing an agent of change by adding intelligence and connectivity to reusable packaging, apparel, pharmaceuticals, food, and nearly any other product. The kit includes Wiliot IoT Pixels, which are small computers that can sense temperature and location and are powered by harvesting radio waves. The kit also includes edge devices that energize and relay IoT Pixel data, access to Wiliot Cloud Services, and digital solution guides for experiencing how ambient IoT can solve business challenges. The kit aims to help companies solve challenges in supply chains, retail, healthcare, and more. By using the Wiliot IoT Pixels and edge devices, companies can collect and analyze data from their environment to make informed decisions about their operations. Thadious Fisher, VP of Global Channels at Wiliot, commented, "We're illuminating what was once in the dark by providing companies with actionable insights and the status of every product at every moment, and the implications are profound. With real-time sensing and product lifecycle traceability, food is fresher and safer, medicine is more secure, and goods and assets are easily located." (Source: PRNewswire) Wiliot is a SaaS company that connects the digital and physical worlds using IoT pixel tagging technology to enable ambient IoT and deliver on its vision of a world with no waste, full trust, and perfectly timed events. About Williot Wiliot is a software-as-a-service company that specializes in connecting the digital and physical worlds through IoT Pixel tagging technology. They use tiny computer devices the size of a postage stamp, that are able to power themselves in unique ways. Their mission is to turn everything into a change agent and enable Ambient IoT by incorporating intelligence and automation into reusable packaging, pharmaceuticals, food, and other products. By connecting trillions of things to the internet, Wiliot aims to transform manufacturing, distribution, and product use, with the ultimate goal of creating a world with zero waste, full trust, and perfect timing, where people, profits and the environment are in sync.

INFRASTRUCTURE, SOFTWARE AND TOOLS

EPIC iO Upgrades DeepInsights™ Platform for Real-World Applications

EPIC iO Technologies | March 13, 2023

EPIC iO, an innovation leader in applied AIoT (Artificial Intelligence and Internet of Things), recently announced significant upgrades to its industry-leading DeepInsights™ platform that will, among other things, assist smart cities and other organizations in controlling traffic and crime, enhancing crowd safety, and reducing infectious diseases. DeepInsights provides the intelligence, data collection and management, and automated responses required to maximize IoT technology as the core of EPIC iO's turnkey solutions for addressing real-world problems. All EPIC iO solutions are driven by AI-powered analysis provided by DeepInsights. As an open, cloud-native, and flexible analysis engine, the solution accepts diverse data sets from IoT sensors such as video cameras, environmental sensors, and external third-party systems, normalizes these diverse data streams and analyzes the optimized data flows using unique capabilities, and then displays findings and notifications on a dashboard that provides insights for any application. In its analyses, the platform employs machine learning, neural network algorithms, and enhanced AI data modeling to unveil what is occurring in any environment in real-time. DeepInsight's new features include the following: A next-gen Computer Vision AI model A fine-grained Classification module A new Rules Wizard that streamlines AI rules creation A biosecurity module to disinfect spaces Cloud Dashboard templates to simplify visualization CEO of EPIC iO Technologies, Ken Mills, shared, "As the only company that integrates everything from sensors and network connectivity to analysis and visualization to deliver complete solutions, EPIC iO uniquely enables its highly diverse customer base to leverage and profit from AIoT technologies." He added, "Whether the goal is improving efficiency, keeping employees and customers healthy or reducing crime, our technology helps customers exceed their IoT expectations, and DeepInsights is at the core of every solution." (Source – Globe Newswire) About EPIC iO Technologies EPIC iO is a South Carolina-based company offering software technology that combines 5G-ready connectivity and AIoT solutions to create a safer, more intelligent, and more connected world for businesses. The company aims to unlock the full potential of IoT and data intelligence through AI integration. EPIC iO's open AI platform, DeepInsights™, enables public and private enterprises to generate, analyze, and extract IoT data intelligently. DeepInsight delivers valuable, real-time insights through a single, integrated source, helping businesses make informed decisions and succeed.

ENTERPRISE IOT, INFRASTRUCTURE

Identiv Signs Exclusive Strategic Agreement with Trace-ID

Identiv | February 16, 2023

On February 15, 2023, Identiv, Inc., a global innovator in digital identification and security in the Internet of Things (IoT), entered an exclusive strategic agreement with Trace-ID, a leading provider of UHF RFID technology and solutions based in Spain. As a result, it will become the exclusive provider of Trace-ID's entire line of specialty and industrial UHF RFID in North America. The partnership with Trace-ID expands Identiv's manufacturing footprint, allowing the company to add to its already-extensive product line and bolstering its position as a worldwide leader in specialty RFID technology. In addition, it will enable Identiv to deliver industrial UHF RFID solutions for many use cases in numerous industry sectors. This agreement will make best-in-class specialty and industrial UHF RFID available at competitive prices. It also gives Identiv access to a European manufacturing facility with a direct line of sight to 1 Bn units of specialty UHF capacity. Identiv's integrated ecosystems put IoT in motion by assigning digital identities to every physical object. Its innovative RFID team is responsible for research, design, software development, and manufacturing. As a result, tags, inlays, and labels are embedded in billions of commonplace items, including pharmaceuticals, luxury brands, medical devices, specialty retail, athletic apparel, industrial applications, and many more. Amir Khoshniyati, VP and GM of IoT Business at Identiv, said, "Identiv continues to gain global demand for higher-value designs of UHF solutions for specific applications, including industrial and specialty applications." He added, "This exclusive manufacturing and partnership agreement allows us to expand our growing product portfolio even further, reaching new markets at a very competitive price point." (Source – Business Wire) About Identiv Identiv is a global leader in authentication and security solutions headquartered in Fremont, California. It authenticates frictionless access and operations anywhere, safeguards identities from hacking attempts, protects intellectual property, and boosts IoT innovations. RFID and NFC, cybersecurity and the entire range of physical access, video, and audio security are provided by the platform. It is relied upon by a prestigious group of partners and progressive clients in various vertical markets worldwide. From critical infrastructure to government agencies, hospitals to schools, airports to seaports, startups to corporations, it safeguards the people and locations that fuel daily lives.