With The Acquisition, Hero Electronix Plans To Steer The IoT Technology Towards Helping Enterprises Tackle Business Challenges
Hero Electronix, the technology arm of Hero Group, has announced the acquisition of a Gurgaon-based Internet of Things (IoT) focused enterprise Zenatix. With this acquisition, Hero Electronix has now expanded into the IoT space, aimed at helping enterprises tackle business challenges through the deployment of connected-devices.
Further, Hero Electronix with Zenatix plans to help address business challenges in retail, hospitality and logistics verticals through the deployment of IoT and emerging technologies. Also, Zenatix aims to widen its reach by foraying into global markets – countries such as Southeast Asia with similar challenges as the India market.