Uponor Puts Another $10 Million Behind Phyn

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“APPLE VALLEY, Minn., Feb. 13, 2018 /PRNewswire/ — Uponor Corporation (Uponor) today announced that it will invest an additional USD $10 million in Phyn, a joint venture between Uponor and Belkin International, bringing its total investment in the company to USD $25 million. With this second round of funding, Uponor establishes a 50 percent ownership in Phyn, with the other 50 percent owned by Belkin International.”

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MnDOT Is Rolling Out Real Time Parking Tech For Truckers

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By Tim Harlow, Star Tribune

“Truck drivers passing through Minnesota who need of a safe place to pull off the road will be getting help from the Minnesota Department of Transportation, which last week began installing new technology that will let them know in real time if rest areas still have parking spaces available.”

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Anaren Sale Yields IoT Spinout Atmosphere HQ In Minneapolis

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“Anaren, Inc. and Atmosphere IoT Corp. today jointly announced the divestiture of key assets and agreements of Anaren’s IoT Group to its management team, which recently formed Atmosphere IoT Corp. Terms of the deal, which closed January 2nd, were not disclosed. The divestiture is being made as part of the previously announced sale of Anaren, Inc. to TTM Technologies for $775 million.”

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DIGI International Acquires Accelerated Concepts For $17m Plus

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“MINNETONKA, Minn., Jan. 22, 2018 /PRNewswire/ — Digi International, a leading global provider of Internet of Things (IoT) connectivity products and services today announced that it has acquired Accelerated Concepts, Inc., a provider of secure, enterprise-grade, cellular (LTE) networking equipment for primary and backup connectivity applications.”

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Uponor & Belkin Announce Residential IoT Water System At CES

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By Molly Price, CNET

Phyn, a joint venture between industry giants Belkin International and Uponor is smartening home water usage with Phyn Plus, smart water assistant and shutoff system. Phyn Plus is intended to protect families and homes from leak damage with unmatched accuracy and reliability.

The company’s water-sensing technology, which it showed off at CES 2018, combines Belkin’s Wemo and Linksys platforms and advanced machine learning with pressure-sensor technology. These provide a water-sensing system with intelligent features.”

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Minnesota Makers Unite At The Fourth Annual IoT Hackday

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By Rich Yudhishthu

What do tech giants like Amazon and Google, Silicon Valley startups, and Twin Cities’ makers have in common?

Each is driving emerging technologies like connected device, computer vision, voice, and UAS into the mainstream as seen at the 2017 IoT Hack Day, where all of these technologies and more were on display.

Packed into Minnetronix’s St. Paul headquarters, thirteen project teams assembled last weekend to brainstorm and build products for hours on end.

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Minnesota Makers Gear Up For IoTHackDay This Weekend

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screen-shot-2016-10-28-at-9-43-49-amIoTHackday, the fourth annual hardware hackathon hosted by IoTFuse, is descending on Minnetronix next Satruday, October 28th, from 8am-9pm. 

Over one hundred makers from across the state — and beyond — will gather once again to conceive and create new internet of things products, perhaps even start a new company like HabitAware (winner 2014) or Termi (2015 participant).

Over 100 hackers joined in last years event and formed on some 20 teams to bring their ideas to life, with nearly 200 participants there all in for final demos.  At the end, it’s all about rolling up the sleeves and getting hands on with a bunch of like minded individuals. Learning is inevitable.

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Digi International Acquires Boston-Based TempAlert For $45m+

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Via News Release

“MINNETONKA, Minn., Oct. 23, 2017  — Digi International, (NASDAQ: DGII), a leading global provider of Internet of Things (IoT) products and services, today announced that it has acquired TempAlert, a provider of automated, real-time temperature monitoring and task management solutions for the healthcare, industrial and foodservice industries. TempAlert will join the Digi Smart Solutions™ team. Digi purchased Boston-based TempAlert for $45 million in cash plus future earn out incentives.”

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Plymouth IoT Venture Nimbelink Closes on $1.1m Investment

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Plymouth headquartered NimbeLink is raising a $1.5m equity round with $1.1m closed, according to this SEC disclosure.

Nimbelink was formed in 2013 by cofounders Scott Schwalbe and Kurt Larson to develop and market cellular IoT/M2M products for OEM customers endpoint solutions.

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DIGI International Nabs Two Seasoned Minnesota IoT Execs

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“MINNEAPOLIS, Oct. 5, 2017 /PRNewswire/ — Digi International Inc. — a leading global provider of machine-to-machine (M2M) and Internet of Things (IoT) connectivity products and services, today announced that Scott Wilken has been appointed Vice President of Technology and Scott Nelson has been appointed Vice President of Product.”

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