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UK engineering company IMI has acquired Netherlands-based industrial IoT developer TWTG Group for €25 million. TWTG, based in Rotterdam, will become part of IMI’s process automation business. Its portfolio of wireless sensors and integrated software allows plant operators to track, monitor, and optimise industrial machinery, processes, and other assets. These include retrofit solutions for service […]
The post IoT specialist TWTG sells to UK engineering firm IMI for €25m appeared first on RCR Wireless News.