Abeeway has continuously improved Internet of Things (IoT) tracking solutions, developing the first patented low power GPS
Actility, a low power wide area network (LPWAN) provider, has snapped up geolocation system specialist, Abeeway, for an undisclosed sum.
The acquisition is Actility’s first following a $75m series D fundraising round supported by new and existing investors, which is intended to enhance its technology portfolio and accelerate worldwide growth.
Actility said by combining Abeeway’s geolocation software with its ThingPark platform, the acquisition will give it a portfolio of IoT location services to support service providers and IoT solution vendors across a wide range of industry sectors.
“We’re seeing massive demand for location-aware IoT solutions from industry,” said Mike Mulica, CEO, Actility. “We’ve been rapidly developing our ThingPark Location platform to deliver powerful tools to service providers and our customers in the tracking ecosystem. As a long-time partner with Abeeway, we saw great potential in adding [its] patented assisted GPS (A-GPS) technology and expertise in tracking to the capabilities of our ThingPark platform.
“We’re creating an IoT location platform that will enable a revolution in the logistics and supply chain sector. In fact, we think that geolocation and tracking are potentially the killer app for the whole of the internet of things,” he continued.
ThingPark location services will be accessible through APIs, which, coupled with the bidirectional capability of the LoRaWAN link, will allow developers to manage geolocation according to the needs of their application.
For example, in an asset tracking and theft prevention scenario, the application may use low-power consumption network-based location to “geofence” a vehicle, raising an alert only when it strays outside a defined area. But if the vehicle breaks through that geofence, then the application can request regular GPS-based location updates to enable the vehicle to be traced in real time and recovered.
“The unique advantage of our platform is its ability to serve a huge variety of use cases by combining different location technologies including network-based TDoA location, GPS and A-GPS, Bluetooth beacons and wi-fi “sniffing”, “added Olivier Hersent, founder and CTO, Actility. “Our customers can optimise their solutions to precisely match the requirements of their target use cases.”
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The LoRa core network service is delivered through Actility’s ThingPark wireless solution, a fully integrated platform for the IoT