Provider of IoT solution searches for acquisition target

Profile #3

Goal

The firm searches for an acquisition target to push on its growth, as well as sustain the further development of the company’s IoT solution with additional manpower and external knowledge.

Therefore, the acquisition target should either be a small IT system house or a consultancy with experience in IoT application development. Besides that, subsidiaries in Northern, Western, Eastern Germany, as well as Austria and Switzerland are favoured.

Profile

The mid-sized firm with subsidiaries throughout Germany was able to gain a market leading role in IoT operations over the past years. It has built a low code IoT platform that allows for easy application development but also provides a wide variety of pre-programmed solutions. The platform also includes data integration functionalities. 

Due to recent developments in the digitalization branch, the company possesses an exceptional expertise in manufacturing alike industries, but also in the energy and life-sciences sectors. Moreover, the developed IoT platform is adaptive to other use-cases due to its flexibility.

Besides their competencies in the development of software solutions, the staff also holds broad skills in software conceptual design and implementation.

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