On 5 May 2015, PTC announced a USD105 million acquisition of ColdLight to complement its IoT platform play. MachNation partners can log-in to our partner portal for more information on the key issues in the ColdLight acquisition and a financial valuation comparison of the ColdLight acquisition to other IoT platform acquisitions. Or partners can directly download our research document: PTC opens the wallet again, purchases ColdLight MachNation partners can also see prior research on PTC’s acquisition of Axeda and […]
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Cumulocity wins tier-one carrier customer
Cumulocity, one of MachNation’s recommended IoT application enablement platform (AEP) vendors, has announced another customer win with Deutsche Telekom (DT). The Cumulocity IoT platform will power DT’s Cloud of Things solution, a platform to help businesses connect devices to applications. Why is this win important? 1. DT choosing Cumulocity is further validation of the quality solution available from Cumulocity. MachNation cited Cumulocity as a top recommendation in its recently published IoT Application Platform Scorecard. DT, a tier-one […]
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In the ever evolving world of IoT, the acquisition of Axeda for USD170 million is certainly not a surprise. First PTC acquired ThingWorx in December, 2013, now they’ve snapped up Axeda. Why did PTC do it and what were the valuation metrics of the Axeda and ThingWorx purchases? MachNation partners can log-in to our partner portal for more information about this acquisition.
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