10 Blockbuster Acquisitions That Helped Companies Get Ahead In IoT In 2017

Osram – Digital Lumens

Lighting manufacturer Osram in August announced it would acquire Boston, Mass.-based Digital Lumens, which specializes in industrial IoT solutions. Digital Lumens software platform can be used to run applications covering everything from intelligent lighting control, energy use, and security systems to the measurement of environmental parameters such as air quality.

Osram said that the acquisition would enable it to expand its business with digital lighting solutions and add to its expertise in software, sensors, and connectivity. Terms of the acquisition were not disclosed.

Read more articles on: