Plex Systems, based in Troy, today announced it has acquired DATTUS Inc. a leader in Industrial Internet of Things (IIoT) connectivity technologies. Terms of the deal were not disclosed.
DATTUS solutions connect manufacturing equipment and sensors to the cloud, manage high-volume data streams, and analyze in-motion equipment data to optimize performance, reduce costs, and ensure uptime.
The acquisition is expected to accelerate Plex’s IIoT strategy, extending the Plex Manufacturing Cloud to new streams of machine data and the underlying intelligence. The acquisition was completed in July 2018.
“Plex pioneered the connection of machines and sensors to the cloud ushering in the Industrial Internet of Things,” says Richard Murray, chief product officer for Plex Systems. “DATTUS represents the next generation in IIoT, and accelerates our mission to make machine connectivity as simple as adding a smart thermostat to your home.
“We see this as an opportunity for a major step forward in both connectivity and utilization of machine data to drive efficiency, performance, and innovation on the shop floor.”
DATTUS has been driving IIoT technology innovation with a mission to capture and leverage data from millions of machines, sensors, and devices running in manufacturing operations around the world.
“Plex is an ideal fit for DATTUS, as we share the same central vision of transforming manufacturing in the cloud,” says Anurag Garg, CEO of DATTUS. “I’m confident that our work in machine connectivity, data management, and analytics will be a major force in that transformation going forward.”