Freshly capitalized Fiix acquires U.S.-based Alchemy IoT
Fiix, a Toronto-based maintenance and asset management software provider, has acquired Alchemy IoT, a Lafayette, Colorado-based industrial asset intelligence company. No financial terms were disclosed. Fiix said the acquisition will bring artificial intelligence capabilities to its computerized maintenance management system (CMMS) products. The deal follows the close earlier this year of Fiix's $53 million (US$40 million) Series C financing. The round was led by Georgian Partners and joined by BuildGroup.
12 August 2019•3 mins read
