Thursday, June 4, 2015

Mojix Acquires TierConnect

Los Angeles-based Mojix, the developer of RFID-based wireless sensors, said it has acquired TierConnect, which develops connected enterprise applications. Financial terms of the buy were not disclosed. TierConnect was based in Michigan. Mojix said that it will add over 100 software engineers to the company as part of the acquisition, including TierConnect's two founders, Gus Rivera and Terrence Crown. Mojix is led by Ramin Sadr. The two companies said they have been jointly deploying their products in the area of supply chain management and worker safety in oil and gas, inventory management in retail, asset tracking in IT environments, and in the healthcare area. Both companies say they are part of the "Internet of things" market.

---