IMI Acquisition Expands its Industrial IIoT Capabilities
TWTG, a manufacturer of wireless products and solutions across industries, acquisition broadens IMI’s capabilities.
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IMI Plc has announced the acquisition of TWTG Group B.V. (TWTG), an Industrial Internet of Things (IIoT) company based in the Netherlands. TWTG will become part of IMI’s Process Automation sector. This acquisition strengthens IMI’s position in digital transformation and process automation, broadening its capabilities in wireless IoT solutions.
TWTG, renowned for its wireless products and LoRaWAN-enabled devices, offers solutions that enhance operational efficiency, safety and sustainability across industries including energy, utilities and heavy manufacturing. With this acquisition, IMI aims to leverage TWTG’s expertise to accelerate its growth in the fast-evolving IIoT market, providing customers with state-of-the-art digitalization solutions.
Roby Buyung, president of process automation at IMI, commented: “The acquisition of TWTG aligns perfectly with our strategy to deliver innovative solutions that help our customers to make smarter, more efficient, and sustainable decisions. TWTG’s unique technology and deep expertise in the Industrial IoT space will enhance our existing asset monitoring portfolio and help us deliver next-generation wireless automation solutions to our customers.”
Commenting on the acquisition, TWTG CEO Nadine Herrwerth said: “We are humbled and excited to become part of IMI. This partnership provides us with a global platform to scale our innovative solutions, accelerate the growth of TWTG and enhance IMI’s offering to its valued customer base. We see great potential in our joint future path.”
IMI and TWTG will collaborate closely to integrate their solutions and ensure a seamless experience for customers and channel partners. The acquisition is expected to bolster IMI’s expanding portfolio of IoT-enabled products, allowing it to better serve the growing demand for digital transformation across key end markets in process industries.
To explore IMI’s Process Automation solutions and offerings, visit the company's website.
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