Aeris, which specialises in Internet of Things (IoT) solutions, has announced the closure of its deal for Ericsson’s IoT Accelerator (IoT-A) and Connected Vehicle Cloud (CVC) businesses and related assets.

Marc Jones, chairman and CEO of Aeris

The businesses will be integrated within Aeris, creating one of the largest IoT-first connectivity management service platforms, with operational capabilities worldwide. Ericsson will hold a minority stake.

The combined platforms will serve thousands of customers across a wide range of industries – including healthcare, fleet, utilities and automotive – offering IoT connectivity, software and solutions.

The business will also operate in the connected vehicle markets, helping automotive OEMs to deploy, monetise and evolve their connected vehicle programmes.

Marc Jones, chairman and CEO of Aeris, commented: “We look forward to integrating the Ericsson IoT and Connected Vehicle businesses to create the new Aeris. We have a long history of bringing intelligent innovation to the IoT space and now have additional talent, technology and partnerships to bring that innovation to enterprises looking to simplify, secure and scale IoT around the world.”

Working in combination with its ecosystem of partners across the globe, Aeris will focus on delivering innovative IoT products, services, and solutions to enterprises that accelerate digital transformation, drive operational efficiency, and improve customer satisfaction.

Thanks to its expanded IoT partner ecosystem and broader global and regional footprint, Aeris will enable multinational enterprises to more effectively scale their IoT programmes. It will also help solve other common business challenges in IoT.

Steffen Sorrell, chief of research at Kaleido Intelligence, said: “The marriage of Aeris and the former Ericsson businesses delivers a combination of global infrastructure engineered to meet specialised enterprise cellular IoT customer requirements and a wealth of expertise in understanding the challenges associated with scaling deployments across multiple international mobile networks.”