Key Takeaways

• Software AG sold its Cumulocity IoT platform to its management team, aiming for increased agility in the growing industrial IoT market.
• U-blox announced its exit from the cellular IoT market after failing to secure a buyer, focusing instead on its short-range Wi-Fi and Bluetooth businesses.
• Telit Cinterion integrated its DeviceWise AI suite with Nvidia AI Enterprise to enhance AI application development in various industries.

Software AG’s Strategic Shift

In January 2025, Software AG sold its Cumulocity IoT platform to its management team, including CEO Bernd Gross, as part of a strategy to enhance agility within the rapidly expanding industrial IoT sector. The sale, made public on January 20, was backed by European investors Avedon, Schroders Capital, and Verso Capital. Cumulocity highlighted the U.S. as its largest growth market and affirmed its operational presence in over 30 countries.

U-blox Exits Cellular IoT

U-blox, a provider of positioning and wireless communication technology, revealed on January 14 its decision to exit the cellular IoT business after unsuccessful attempts to find a buyer for the division. This business, which employed over 200 individuals, reported revenues of $29 million but incurred significant losses. U-blox will now redirect its efforts towards its short-range business involving Wi-Fi and Bluetooth technologies, aiming to enhance its positioning capabilities.

Telit Cinterion’s New Integration

Telit Cinterion announced the integration of its DeviceWise AI suite with Nvidia AI Enterprise, a platform designed to expedite AI application development. This collaboration is expected to benefit industries such as automotive and pharmaceuticals by improving key operational metrics. The integration includes access to Nvidia AI Blueprints and microservices for enhanced data analytics within DeviceWise, set to roll out in the first quarter of 2025.

Other Noteworthy IoT Developments

January also saw several other significant announcements from various IoT vendors. MachineQ introduced its MQio 9w remote telemetry device for optimized equipment usage in sectors like food service. Intel launched new CPU lines targeted at IoT and edge applications, promising significant AI computing capabilities. Lantronix revealed new Power-over-Ethernet networking switches and strategic executive appointments. Meanwhile, Telit Cinterion reported its LTE-M cellular module’s approval by major U.S. operators for global applications, and Ambarella showcased its N1-655 AI chip for advanced video processing.

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