Maciej Fiedler

FIBARO Acquired By Nice S.p.A.

Posted by Jay Bartlett July 14, 2018 12:39 am Categories: Corporate News. Tags: FIBARO, IoT solutions, Maciej Fiedler, Nice S.p.A..

Nice S.p.A. announces continued expansion into the smart home category with the acquisition of FIBARO^®, a leading brand in the global smart home market. The transaction, which was public as of Friday, July 13 is valued at €63 million/$73 million US and includes the entire share capital of Fibar Group S.A. including its US subsidiary. Founded in 2010, FIBARO has established itself on 6 continents and in over 100 countries as one of the most advanced wireless systems for the smart home.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.