ENTERPRISE IOT, INFRASTRUCTURE
NORBIT ASA | February 06, 2023
NORBIT, a leading supplier of customized technology solutions, has completed the acquisition of IoT startup CPS AS. CPS will be a part of the Connectivity segment. The transaction places an enterprise value of NOK 13 million on CPS, amounting to an equity value of NOK 12.6 million. It will be financed through consideration shares and cash.
The consideration shares will be issued at a price equal to the five-day volume-weighted share price of NORBIT ASA before the signing of the share purchase agreement, with a total value of NOK 9.0 million. The cash payment will amount to NOK 3.6 million.
As part of the transaction's partial settlement, the board has decided to issue 298,059 consideration shares to the sellers at NOK 30.25107 per share. The resolution is based on the company's annual meeting on 4 May 2022 authorization to increase the share capital. After registration of the increase in share capital in the Norwegian Register of Business Enterprises, NORBIT's share capital will be 59,199,198 at a par value of NOK 0.10, totaling NOK 5,919,919.80.
About NORBIT ASA
NORBIT ASA Headquartered in Trondheim (Norway), NORBIT is a global provider of niche-specific technology, addressing problems with sustainable and innovative solutions. To work with key markets, the company is divided into three business units: Oceans focuses on global maritime markets, Connectivity offers low-power wireless solutions for monitoring, identification, and tracking of vehicles and other valuable assets; and PIR (Product Innovation and Realization) provides R&D services and contract manufacturing. The company has roughly 400 employees and operates a global sales and distribution platform.
ENTERPRISE IOT, DEVICES
Ambi Robotics | March 21, 2023
Ambi Robotics, the leading provider of AI-powered robotic parcel sorting systems that empower warehouse operators to handle more, today introduces AmbiAccess, a cloud-based business intelligence platform enabling customers to get even more out of their Robots-as-a-Service (RaaS) investment. AmbiAccess provides advanced fleet management capabilities and real-time analytics to optimize operations and maximize efficiency so global shippers and logistics companies can gain visibility into their entire operation
“We built the AmbiAccess platform with a suite of operation-enhancing applications to make our customers’ lives easier,” says Jeff Mahler, Co-founder and CTO of Ambi Robotics. “This new customer portal goes beyond data visibility, with comprehensive insights and advanced analytics that leverage historical data and trends. Now our customers can better understand the performance of their entire fleet, compare KPIs between facilities and regions, and access real-time analytics from any device.”
The AmbiAccess platform simplifies managing robot fleets and enhances the overall operating experience as customers scale AI-powered robotic sorting systems across their network. With on-demand accessibility, customers gain access to data-driven business intelligence that provides greater visibility into their operations. Customers can monitor robot fleet performance in real-time, access advanced analytics reporting, review actionable insights, view the system knowledge base, and access 24/7 customer support all in one place. This includes real-time data that tracks key performance metrics, productivity, system utilization, item analysis, and proactive insights to identify potential issues before they occur.
“AmbiAccess opens the doors to a more efficient and sustainable supply chain,” says Stephen McKinley, VP of Operations at Ambi Robotics. “This new platform demonstrates the impact of our AI-powered robotic sorting systems and allows our customers to gain an even greater competitive edge in the market.”
AmbiAccess takes the guesswork out of managing throughput, sort plans, exception items, and operational efficiency. Customers can compare trends and key metrics across their systems, facilities, and regions. Facility managers and operations executives can view metrics from the warehouse or on the go through the cloud-based portal.
About Ambi Robotics
Ambi Robotics is an artificial intelligence (AI) and robotics company developing advanced solutions that scale ecommerce operations to meet demand while empowering humans to handle more. The company’s industry-leading AI operating system, AmbiOS, leverages proprietary simulation-to-reality (Sim2Real) technology to operate highly-dexterous robotic systems. Founded in 2018, the world's top roboticists, AI researchers, and leading business professionals work together to build the supply chain's most valued systems. The company is located in Berkeley, Cali
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.
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.