PrismTech announced that it has been acquired by ADLINK Technology Inc., a provider of application-ready intelligent platforms. PrismTech is a provider of software platforms and tools for the Internet of Things (IoT), industrial Internet, and wireless communications to clients in markets including industrial automation, smart cities, energy, transportation, healthcare, aerospace, defense, IT and networks.
So what does PrismTech's products actually do? From the press release: "PrismTech’s Vortex intelligent data-connectivity platform provides efficient, secure and interoperable internet scale real-time data-sharing. Vortex is a key enabler for systems that have to reliably and securely deliver high volumes of real-time data with stringent end-to-end qualities-of-service. The recently announced Vortex 2.0 platform enables Internet-scale seamless and secure data-connectivity across embedded, web, mobile and enterprise systems, and provides best-in-class support for Fog and Cloud computing architectures."
Deal terms were not disclosed.
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