Aeris Acquires Ericsson’s IoT Accelerator And Connected Vehicle Cloud Businesses

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Aeris aims to focus on delivering innovative IoT products, services, and solutions to enterprises that accelerate digital transformation

Leading global Internet of Things (IoT) Solutions provider, Aeris recently announced the closing of the purchase of Ericsson’s IoT Accelerator (IoT-A) and Connected Vehicle Cloud (CVC) businesses and related assets. While Ericsson will have a small stake in the new Aeris, the Connected Vehicle business will help a growing list of Automotive OEMs to deploy, monetize and evolve their connected vehicle programs. The new Aeris serves customers across industries including healthcare, fleet, utilities and automotive.

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The company believes that the combination of the merged businesses creates one of the largest IoT-first connectivity management service platforms, with operational capabilities worldwide. In combination with its ecosystem of global partners, said the company, Aeris will focus on delivering innovative IoT products, services, and solutions to enterprises that accelerate digital transformation, drive operational efficiency, and improve customer satisfaction.

An expanded IoT partner ecosystem and broader global and regional footprint will enable multinational enterprises to scale their IoT programs, read the official note. It will not only help enterprises effectively scale but also solve other common business challenges in IoT.

“We look forward to integrating the Ericsson IoT and Connected Vehicle businesses to create the new Aeris,” said Marc Jones, Chairman and CEO of Aeris. “ We have a long history of bringing intelligent innovation to the IoT space and now have additional talent, technology, and partnerships to bring that innovation to enterprises looking to simplify, secure and scale IoT around the world.”

Bridge Alliance is one of Aeris’ new global Communication Service Provider partners. The CEO, Dr Ong Geok Chwee, remarked, “Bridge Alliance’s collaboration with Ericsson’s IoT Accelerator has cemented our position as the IoT gateway to Asia-Pacific, presenting a unique multi-domestic regional connectivity proposition that is supported by our market-leading member operators across our extensive footprint. We look forward to working with Aeris and leveraging its extended IoT portfolio and industry offerings to bring value-added services to enterprise customers through our alliance members.”

Chief of Research at Kaleido Intelligence, Steffen Sorrell stated, “The marriage of Aeris and the former Ericsson businesses delivers a combination of global infrastructure engineered to meet specialized enterprise cellular IoT customer requirements and a wealth of expertise in understanding the challenges associated with scaling deployments across multiple international mobile networks.”

Aeris is a leading IoT solution provider founded in 1996, and claims to have decades of experience powering the world’s most secure, smart and scalable IoT solutions.


 

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