• Back to Global Sites
  • 1800 202 6136
  • Blog
  • Journalists
  • GDPR
  • Send a Release
PR Newswire: news distribution, targeting and monitoring
  • News
  • Products
  • Contact
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • Telephone

    • 1800 202 6136 from 9 AM - 5:30 PM IST

    • Contact
    • Contact

      1800 202 6136
      from 9 AM - 5:30 PM IST

  • Request More Information
  • Journalists
  • GDPR
  • Request More Information
  • Journalists
  • GDPR
  • Request More Information
  • Journalists
  • GDPR
  • Request More Information
  • Journalists
  • GDPR

Meritech to acquire Eoxys Systems India for its Push into IoT


News provided by

Meritech Software Private Limited

08 Jan, 2021, 20:02 IST

Share this article

Share this article


BANGALORE, India, Jan. 8, 2021 /PRNewswire/ -- Meritech Co., Ltd. HQ in Japan announced today that it will acquire majority stake in Bangalore-based Eoxys Systems India, which provides engineering services and solutions for IoT; through its subsidiary Meritech Software Private Limited in India.

Meritech Software Private Limited ("Meritech" ) will acquire the majority stake of Eoxys Systems India Private Limited ("Eoxys" ) in all cash deal with undisclosed amount.

Continue Reading
Meritech to acquire Eoxys Systems India for its Push into IoT
Meritech to acquire Eoxys Systems India for its Push into IoT

Meritech is a leading Telecommunication Testing & Measurement solutions provider and IoT solutions company in Japan with its R&D center in India. Meritech has made this acquisition to build up and flex a newer arm of its business: IoT Solutions. Today, the company announced that it is buying Eoxys, an engineering company based out of Bangalore, India, which builds IoT and cloud-based solutions aimed at carriers and enterprises. The financial terms of the deal were not disclosed.

Meritech and Eoxys, which are privately held companies and do not have any outside investor(s), already had a relationship for the last few years. The Japanese company has been working with Eoxys for building its IoT products and services for Japanese carriers and enterprise users in the cellular IoT space.

All employees and current customers of Eoxys will continue to remain so.

"Eoxys is delighted by the opportunity to become part of the Meritech," said Prabhakar Annavi, CEO of Eoxys. "Joining hands with Meritech will provide us with unique ability to contribute towards this large industry movement and create a highly innovative IoT ecosystem. We look forward to being a part of this journey."

"This acquisition will enable Meritech to strengthen its footprint in the IoT space. Eoxys will help bolster Meritech's market share in Cellular IoT, especially NB-IoT and industrial IoT. We are excited to make Eoxys part of Meritech group and will continue to invest more in Cellular IoT market space", said Harish Sachdeva, Group CEO of Meritech.

About Meritech

Meritech Co., Ltd. is a leading manufacturer of mobile network monitoring and performance optimization and IoT solutions company in Japan with its R&D center in India. Meritech offers innovative solutions to monitor and optimize NR5G, LTE-A, LTE, WCDMA, HSPA, GSM / GPRS and WiFi network performance and Cellular IoT solutions.

Photo: https://mma.prnewswire.com/media/1396907/Meritech_Eoxys.jpg

Media Contact : 
[email protected]

SOURCE Meritech Software Private Limited

Modal title

Contact PR Newswire

  • 1800 202 6136
    from 9 AM - 5:30 PM IST

Global Sites

  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany

 

  • India
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Netherlands
  • Norway
  • Poland

 

  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • United States
Global Sites
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • United States
+91 (0) 22 6169 6000
from 9 AM - 5:30 PM IST
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • Cookie Settings
Copyright © 2022 Cision US Inc.