Banyan Software Acquires FoxInsights GmbH to Expand IoT-Based Remote Tank Monitoring Solutions
01/28/25, 3:51 PM
Location
atlanta
munichIndustry
software
machine learning
artificial intelligence
analytics
Banyan Software, a leading acquirer and permanent home for great enterprise software businesses, has acquired FoxInsights GmbH, a market leader in IoT-based remote tank monitoring and data-driven asset management solutions for the energy sector. This strategic acquisition positions Banyan Software to further enhance FoxInsights' solutions and expand its global impact in the energy sector.
Company Info
Location
Atlanta, Georgia, United States
Company info
Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. Banyan's mission is to acquire, build, and grow great enterprise software businesses all over the world with dominant positions in niche verticals. Founded in 2016, the company follows a buy-and-hold-for-life strategy and is set up with a permanent capital base to preserve the legacy of founders. As a purpose-driven company, Banyan is committed to making an enduring, positive impact on the world.