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Globetouch acquires Indian startup Teramatrix to leverage its IoT apps to support connected cars, autonomous driving

This complements Globetouch’s global connectivity suite and IoT platform which manages the intersection of Big Data, Machine Learning and autonomous systems for enterprise customers Globetouch, a California-headquartered company which provides global connectivity solutions and IoT platforms, has acquired Gurgaon-based IoT solutions firm Teramatrix Technologies. The transaction details were not disclosed. Globetouch will leverage and integrate Teramatrix’s xFusion platform […] http://bit.ly/2twBC07

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