UK engineering company IMI has acquired Netherlands-based industrial IoT developer TWTG Group for €25 million. TWTG, based in Rotterdam, will become part of IMI’s process automation business. Its portfolio of wireless sensors and integrated software allows plant operators to track, monitor, and optimise industrial...
Multinational oil and gas company Royal Dutch Shell has handed new industrial IoT monitoring contracts to a pair of local IoT suppliers, in the form of Rotterdam-based scale-up TWTG and Amsterdam-based startup Hiber. TWTG has a deal to supply LoRaWAN-based vibration sensors to Shell’s...
