IMI Acquires TWTG to Expand Industrial IoT Capabilities
31 October 2024
IMI Plc, has announced the acquisition of TWTG Group B.V. (TWTG), a leading Industrial Internet of Things (IIoT) specialist based in the Netherlands. TWTG will become part of IMI’s Process Automation sector. This strategic acquisition further strengthens IMI’s position as an innovator in digital transformation and process automation, broadening its capabilities in wireless IoT solutions.
TWTG, renowned for its cutting-edge wireless products and LoRaWAN-enabled devices, offers solutions that enhance operational efficiency, safety, and sustainability across industries including energy, utilities, and heavy manufacturing. With this acquisition, IMI aims to leverage TWTG's expertise to accelerate its growth in the fast-evolving IIoT market, providing customers with state-of-the-art digitalisation solutions.
