Nanotron Press Release
Sensera acquires nanotron Technologies
Forming new vertically integrated IoT End to End solution provider.
Berlin, September 14, 2017 – Sensera Limited (ASX: SE1), the integrated designer and manufacturer of specialized high performance microsensors, has announced the acquisition of nanotron Technologies GmbH, a leading provider of location-awareness products and services based in Berlin (Germany). Nanotron’s products consist of location chips, smart modules and location software that enable precise real-time positioning and concurrent wireless data communication.
“As dominant player in the rapidly growing global IoT market the merged entity will become an End to End total solution provider” notes Matt Morgan, Executive Chairman of Sensera, and Ross Haghighat, advisor of the Board adds “This is one of the industries only vertically integrated products and services companies that controls its own proprietary location-aware Wireless Sensor Network, consisting of ultralow power sensors and extremely long distance tracking.”
Location-awareness provides deep insight in time and space dependencies of business processes. Continous process monitoring and real-time process optimization are the basis of safety and productivity applications such as collision avoidance, automatic safety zones and asset tracking.
“As part of the acquisition nanotron contributes essential capabilities for smart IoT sensors, professional location-awareness and wireless data communication.” explains Dr. Jens Albers, who continues as the CEO of nanotron going forward. In addition he notes “In turn Sensera, will facilitate accelerated revenue growth from our proven industrial verticals.” Nanotron is a venture capital backed, revenue phase business. In its established core markets it serves large blue-chip end-users in the mining and agricultural sectors with Tier 1 customers representing a direct market opportunity for the company’s products of more than US$ 500 million in revenue out of an addressable global market of US$ 8 billion.
Nanotron’s portfolio of essential IP for reliable and scalable location-awareness is currently used as part of its products and protected by several international patents.
Inquiries:
Dr. Jens Albers
CEO of nanotron Technologies
Media Contact:
Thomas Förste
VP Sales and Marketing
+49 30 399 954-0
Email: t.foerste@nanotron.com
Alt-Moabit 60
10555 Berlin, Germany
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