Greenwave Systems Acquires Predixion Software for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=46f101fa-6b10-4ff9-b11b-3d31aaf4ac7c
Date
9/20/2016
Company Name
Predixion Software
Mailing Address
15 Enterprise Aliso Viejo, CA 92656 USA
Company Description
Predictive analytics enable organizations to use and analyze current and historical data to make predictions about the future that can be applied across a multitude of functional areas.
Website
http://www.predixionsoftware.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
Greenwave Systems, the global Internet of Things (IoT) software and managed services platform leader, today announced that it has acquired Predixion Software, a leading developer of real-time visual edge analytics software for the Internet of Things, for an undisclosed amount. The acquisition will enhance Greenwave’s AXON Platform® with advanced visual analytics, enabling real-time data insights across one of the world’s largest connected networks. The purchase will also add top industry talent to the Greenwave team and accelerate customer development in IoT, M2M, network management and media delivery for IPTV and linear TV.