TTTech Industrial Acquires Nebbiolo Technologies Business and Sets up Subsidiary in Silicon Valley Tuesday, May 25, 2021 3:21PM IST (9:51AM GMT)
The deal will result in the world’s most advanced industrial edge computing platform A TTTech Industrial North America subsidiary has been founded in Silicon Valley The new entity is led by Kannan Devarajan, one of the co-founders of Nebbiolo Technologies
TTTech Industrial Automation AG has acquired core technology and strategic customers from pioneering fog/edge computing start-up Nebbiolo Technologies in a deal closed in May. Integrating features and know-how from Nebbiolo Technologies will support TTTech Industrial’s commitment to delivering the world’s most advanced industrial edge computing platform to its customers. TTTech Industrial has also founded a US subsidiary in Silicon Valley to expand its activities in the North American market. Kannan Devarajan, one of the co-founders of Nebbiolo Technologies has joined TTTech Industrial North America Inc. as Managing Director.