SmartWave Technologies to Drive Growth of IoT Market with Acquisition of MultiTech

By Tiera Oliver

Associate Editor

Embedded Computing Design

November 10, 2020

News

SmartWave Technologies to Drive Growth of IoT Market with Acquisition of MultiTech

Per the company, joining with SmartWave Technologies, the new MultiTech is now in a position to grow the market size of connected IoT devices and accelerate OEM and enterprise digitization.

SmartWave Technologies announced that it has acquired Multi-Tech Systems, Inc., a global supplier of Industrial IoT communication devices and services. SmartWave Technologies and MultiTech will operate as one under the MultiTech brand.

Per the company, joining with SmartWave Technologies, the new MultiTech is now in a position to grow the market size of connected IoT devices and accelerate OEM and enterprise digitization.

Combined, the companies plan to drive deployment of proven Industrial IoT first-to-market innovations in low power, wireless access and broadband, low-latency communication technologies, machine protocols, integrated sensors, and mobile applications to further scale the deployment of smart assets, durables and industrial consumables. The new MultiTech entity will offer expanded expertise in wireless standards, electromagnetic sensor technologies, component, and refill authentication, as well as extended capabilities in industrial design and manufacturing and mobile applications.

For more information, visit: www.multitech.com

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Multi-Tech Systems

2205 Woodale Dr
Mounds View, MN 55112

Tiera Oliver, Associate Editor for Embedded Computing Design, is responsible for web content edits, product news, and constructing stories. She also assists with newsletter updates as well as contributing and editing content for ECD podcasts and the ECD YouTube channel. Before working at ECD, Tiera graduated from Northern Arizona University where she received her B.S. in journalism and political science and worked as a news reporter for the university’s student led newspaper, The Lumberjack.

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