Adlink acquires PrismTech to strengthen position in Internet of Things marketplace
Adlink Technology has acquired PrismTech, a company that supplies software platforms for customers who build system solutions for the Internet of Things, the industrial internet and advanced wireless communications. The acquisition, which is expected to close shortly, further strengthens Adlink’s position for the fast growing Industrial Internet of Things (IIoT) marketplace.
Established in 1992 and located in Newcastle, United Kingdom, PrismTech has about 70 employees with a very experienced software team, pioneering the development and implementation of Data Distribution Software (DDS) standards for the Internet of Things (IoT). Its flagship software, Vortex, helps system integrators, OEMs, device platform vendors and Cloud service providers deliver 'smart' solutions for many vertical markets, including: healthcare, energy, transportation, smart cities and industrial automation.
‘Adding horizontal IoT stack expertise to Adlink’s portfolio creates a unique opportunity to fully leverage the Vortex software and build competitive platforms for the industrial IoT - it can be expected for those to emerge later in 2016,’ said Jim Liu, CEO of Adlink. ‘The complementary products of Adlink and PrismTech, with software and hardware, provide all the building blocks for the next stage in IIoT development, addressing the issues of increasing complexity and mission critical operational and management data.’
Lawrence Ross, CEO of PrismTech, added: ‘This acquisition signals Adlink’s commitment to becoming one of the premier players in the IIoT application-ready intelligent platform market. We have built a robust IoT infrastructure and data-connectivity platform over the last few years in our award-winning Vortex product line, and Adlink and PrismTech share a vision of the future and potential of the IIoT market.’