Actility, the industry leader in Low Power Wide Area Networks (LPWAN) acquired Abeeway, the geolocation system specialist.
By combining Abeeway’s patented location software and innovative products with the power of Actility’s ThingPark platform, the acquisition will give Actility a best in class portfolio of IoT location services to support service providers and IoT solution vendors across a wide range of industry sectors. The acquisition is Actility’s first following a $75m. fundraising round supported by new and existing investors, which is intended to enhance its technology portfolio and accelerate worldwide growth....continued ...