Aeris has closed the purchase of Ericsson’s IoT accelerator (IoT-A) and connected vehicle cloud (CVC) businesses and related assets. Ericsson will establish a small stake in the new Aeris.

The new Aeris serves thousands of customers across a wide range of industries – including healthcare, fleet, utilities and automotive – connecting tens of millions of IoT devices and providing intelligent products helping IoT programmes scale and succeed, everywhere. The Aeris connected vehicle business should help a growing list of automotive OEMs deploy, monetise and evolve their connected vehicle programmes.

The combination of the merged businesses creates one of the largest IoT-first connectivity management service platforms, with operational capabilities worldwide. Combined with its ecosystem of partners across the globe, Aeris will focus on delivering innovative IoT products and services to enterprises that accelerate digital transformation, drive operational efficiency and improve customer satisfaction.

“We look forward to integrating the Ericsson IoT and connected vehicle businesses to create the new Aeris,” said Marc Jones, CEO of 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.”

An expanded IoT partner ecosystem and broader global and regional footprint should enable multinational enterprises to scale their IoT programmes more effectively.

Ong Geok Chwee, CEO of Bridge Alliance, one of Aeris’ global communication service provider partners, added: “Bridge Alliance’s collaboration with Ericsson’s IoT accelerator has cemented our position as the IoT gateway to Asia-Pacific, presenting a unique multi-domestic regional connectivity proposition that is supported by our market-leading member operators across our extensive footprint. We look forward to working with Aeris and leveraging its extended IoT portfolio and industry offerings to bring value-added services to enterprise customers through our alliance members.”

Aeris will not only help enterprises effectively scale, but also solve other common business problems 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.”

With a history of IoT experience spanning two decades, a security-first mindset, and a growing ecosystem of global partners, Aeris plans to drive the successful, sustainable growth of both the IoT and connected vehicle markets and bring intelligent innovation to its customers and the global IoT market.