Investcorp has acquired the Ubisense SmartSpace business as well as the Ubisense brand for an undisclosed amount.
Arma Partners acted as the exclusive financial adviser in the deal and says Ubisense is “a leader in the industrial internet of things” space.
SmartSpace is an enterprise software and sensor platform that generates and interprets vast amounts of location data to create visibility of real-world objects and their interactions in real-time, enabling complex manufacturing processes with high levels of variability to be more flexible, easier to manage and easier to control. [Read more…] about Investcorp acquires Ubisense SmartSpace business and Ubisense brand
