IoT Game-Changer: Avnet To Acquire Softweb To Boost AI Capabilities
Avnet calls its planned acquisition of Softweb Solutions a game-changer for its artificial intelligence and Internet of Things capabilities.
- Avnet said Wednesday that it will acquire Softweb Solutions, a technology consulting firm that specializes in developing artificial intelligence and Internet of Things solutions.
- The Phoenix-based company called the acquisition a game-changer, saying that Softweb's AI software for IoT, as well as its data services and digital process capabilities, will give Avnet the ability to design, develop and deploy projects faster.
- That has translated into a bigger push into IoT, which has been supported by its acquisitions of hardware community Hackster.io and IoT consultancy Dragon Innovation, as well as its investment in IoT startup Hanhaa.