Los Angeles, June 5, 2015: Provider of wireless sensor network solutions Mojix has announced the acquisition of TierConnect and its subsidiary CodeRoad, the creators of a state-of-the-art platform for the Internet of Things (IoT), recently launched as “ViZix.” The terms of the deal were not disclosed.
The acquisition will enable Mojix to offer comprehensive and fully configurable software solutions with advanced analytics, enabling end-to-end business intelligence and data visibility across multiple industries. This will further bridge the gap between its RFID hardware platform, the edge and IoT, the company said in a written statement.
Mojix President and Chief Executive Officer Ramin Sadr said with the addition of a next-generation software platform, Mojix was now best suited to further strengthen its role as a leading IoT solutions provider. In addition, the TierConnect team will give Mojix deep expertise in Big Data scalability, highly-configurable application frameworks, and elegant user interfaces, all of which were key ingredients in collecting, analysing, and displaying mission-critical contextual data for our customers.”
Founded by Gus Rivera and Terrence Crown, TierConnect will add over 100 software engineers and a “battle-tested” IoT platform to Mojix. The latter is a private company headquartered in Los Angeles.
“After several successful projects together, we saw an opportunity to help create a company that can transform business economics across multiple industrial segments,” said Rivera, post the anouncement. “Unlike other providers in this space, Mojix is now uniquely positioned to leverage innovations and key patents in wide-area sensor networks with a powerful, highly-configurable software platform. Add proven expertise in sensor network deployment, and you have the capability to provide reliable solutions in days, not months.”
Working closely together in 2014, Mojix and TierConnect have already jointly deployed their IoT solutions to address supply chain management and worker safety in oil and gas, innovative inventory management solutions for retail, asset tracking in large scale IT environments, and healthcare for Fortune-50 companies.
Image Credit: Mojix
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