IoT Game-Changer: Avnet To Acquire Softweb To Boost AI Capabilities

IoT Game-Changer: Avnet To Acquire Softweb To Boost AI Capabilities
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  • 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.


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