Skip to Content Facebook Feature Image

HTEC Acquires German end-to-end IoT solution provider eesy-innovation to Strengthen IoT, Embedded Engineering, and AI Capabilities and expand its footprint in DACH region

News

HTEC Acquires German end-to-end IoT solution provider eesy-innovation to Strengthen IoT, Embedded Engineering, and AI Capabilities and expand its footprint in DACH region
News

News

HTEC Acquires German end-to-end IoT solution provider eesy-innovation to Strengthen IoT, Embedded Engineering, and AI Capabilities and expand its footprint in DACH region

2024-11-07 18:12 Last Updated At:18:20

SAN MATEO, Calif.--(BUSINESS WIRE)--Nov 7, 2024--

HTEC, an end-to-end digital product development and engineering services company headquartered in San Mateo, announced today the acquisition of eesy-innovation, embedded hardware and software engineering company based in Munich, Germany, and Granada, Spain. This acquisition is part of HTEC’s overall strategy to further enhance its capabilities in embedded and IoT technologies, and AI solutions, creating additional value for clients and providing growth opportunities for the talent of both companies. At the same time, this acquisition further strengthens HTEC’s footprint in the EU, and especially DACH region.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107374117/en/

Since its inception in 2008 in Belgrade, HTEC has been attracting and developing top talent. HTEC’s growing team fuses Silicon Valley-based design thinking with world-class software engineering, supporting global clients with end-to-end digital product development, from strategy and conceptualization to digital product design and sophisticated engineering.

Eesy-innovation, founded in 2015, in Munich, works with some of the most innovative companies in the world, such as semiconductor giant Infineon Technologies. Eesy-innovation has earned its outstanding reputation for developing scalable solutions, transforming innovative ideas into tailored IoT solutions that enhance the intelligence of business of all sizes. From concept engineering to embedded hardware and software development, they provide seamless integration with cloud services and dashboards, as well as the application of artificial intelligence algorithms, covering the entire IoT solution lifecycle.

“I am thrilled to welcome the eesy-innovation team onboard. This partnership is part of HTEC’s broader strategy of expansion and investment in providing embedded and AI solutions to enterprise customers in partnership with largest chip manufacturers such as AMD and others. Joining forces with eesy-innovation, we are expanding our capabilities to deliver broader range of tailor-made solutions that drive innovation and adoption of AI across different use cases and spreading our presence to new markets. As a team, we remain committed to providing exceptional growth opportunities to the professionals we hire worldwide while empowering our customers with the latest technologies so they can innovate rapidly in an ever-changing environment. It brings me great joy to see eesy-innovation become an integral part of the HTEC team.” - said Darko Todorović, VP of Engineering and Delivery at HTEC.

The global success of both companies is a result of their ability to attract exceptional professionals and provide outstanding customer service for their clients, from high-growth start-ups to the Fortune 500.

“For eesy-innovation team, this acquisition brings opportunity for professional development and career growth, collaboration with talent across more than 20 development centers, and the chance to work in different geographies and industries on technically highly demanding projects.” - Günter Maximilian Hefner, founder of eesy-innovation.

By joining forces, HTEC and eesy-innovation will combine their unique strengths, enabling the development of transformative technology for world's top high-tech companies, fast-growing startups, and global enterprises.

ABOUT HTEC

HTEC Group Inc. is a global product development and digital engineering company powering the technological evolution of the world’s most impactful organizations—from disruptive startups to the Fortune 500. HTEC combines premium engineering expertise with remarkable creativity, enabling its customers to innovate, design, and develop disruptive technologies and new digital products and platforms across different industries.

ABOUT eesy-innovation

Eesy-innovation, company based in Munich, Germany, and Granada, Spain, provides comprehensive services that enhance the intelligence of businesses of all sizes. They deliver reliable quality by transforming innovative ideas into tailored IoT solutions through a collaborative approach. Their expertise encompasses research, development, integration, and execution, guiding you through the implementation of your vision. By fostering collaboration among their teams, they ensure optimal quality and rapid solutions that help clients achieve their key objectives. Their offerings include end-to-end solutions for complete sensor data capture, standardization, analysis, and real-time data visualization, all under our 360° Smart Solution initiative. From concept engineering to embedded hardware and software development, they provide seamless integration with cloud services and dashboards, as well as the application of AI algorithms, covering the entire IoT solution lifecycle.

Photo: Darko Todorović (VP of Engineering & Delivery, HTEC), Katarina Urošević (Chief of Staff, HTEC), Srđan Jovanović (VP of People, HTEC), Cuc Huynh-Le (Head of Finance and HR, eesy-innovation), Günter Maximilian Hefner (Founder, eesy-innovation), Anja Majstorović (Managing director, eesy-innovation) (Photo: Business Wire)

Photo: Darko Todorović (VP of Engineering & Delivery, HTEC), Katarina Urošević (Chief of Staff, HTEC), Srđan Jovanović (VP of People, HTEC), Cuc Huynh-Le (Head of Finance and HR, eesy-innovation), Günter Maximilian Hefner (Founder, eesy-innovation), Anja Majstorović (Managing director, eesy-innovation) (Photo: Business Wire)

MUMBAI, India (AP) — India’s biggest domestic cricket tournament was suspended for one week on Friday following the escalating military tensions with Pakistan.

The Indian Premier League, which features top players from around the world and attracts hundreds of millions of TV viewers, was halted with immediate effect, the Board of Control for Cricket in India said.

“Further updates regarding the new schedule and venues of the tournament will be announced in due course after a comprehensive assessment of the situation in consultation with relevant authorities and stakeholders,” the BCCI said in a statement.

The decision comes after a night of artillery exchanges between Indian and Pakistani soldiers across their frontier in Kashmir, amid a growing military standoff that erupted following an attack on tourists in the India-controlled portion of the disputed region.

The IPL is the most popular cricket tournament in the world and runs between March and May. This year it has featured 65 international cricketers from Australia, New Zealand, South Africa, Sri Lanka, West Indies, England and Afghanistan.

The 10-team competition still has 12 games to be played in the group stage before the knockout rounds. The final had been scheduled for May 25 in Kolkata.

The BCCI said the decision to suspend the tournament was made "in the collective interest of all stakeholders.”

“While cricket remains a national passion, there is nothing greater than the Nation and its sovereignty, integrity, and security of our country,” the BCCI statement said.

The suspension comes after the match between Punjab Kings and Delhi Capitals in Dharamsala in northern India was abandoned on Thursday evening when the power went out during a government mandated blackout. Punjab's next game against Mumbai Indians had already been moved from Dharamsala to Mumbai because of the closure of several airports in the Indian northwestern corridor.

Pakistan earlier said it was moving its own domestic T20 tournament to the United Arab Emirates because of the tensions. The PCB confirmed the relocation of the Pakistan Super League to Dubai in a statement released early Friday, citing growing concerns among overseas players and the need to prioritize their safety.

On Thursday, authorities said an Indian drone fell inside the complex of the Rawalpindi Cricket Stadium hours before the start of PSL game in which several foreign cricketers from New Zealand, Australia, West Indies, South Africa and England were due to compete.

AP cricket: https://apnews.com/hub/cricket

A display board is partially lit after the authorities asked to evacuate the stadium during the Indian Premier League cricket match between Punjab Kings and Delhi Capitals at Himachal Pradesh Cricket Association Stadium in Dharamshala, India, Thursday, May 8, 2025. (AP Photo/Ashwini Bhatia)

A display board is partially lit after the authorities asked to evacuate the stadium during the Indian Premier League cricket match between Punjab Kings and Delhi Capitals at Himachal Pradesh Cricket Association Stadium in Dharamshala, India, Thursday, May 8, 2025. (AP Photo/Ashwini Bhatia)

A vehicle waits to transport the players after the authorities asked to evacuate the stadium during the Indian Premier League cricket match between Punjab Kings and Delhi Capitals at Himachal Pradesh Cricket Association Stadium in Dharamshala, India, Thursday, May 8, 2025. (AP Photo/Ashwini Bhatia)

A vehicle waits to transport the players after the authorities asked to evacuate the stadium during the Indian Premier League cricket match between Punjab Kings and Delhi Capitals at Himachal Pradesh Cricket Association Stadium in Dharamshala, India, Thursday, May 8, 2025. (AP Photo/Ashwini Bhatia)

A worker removes the equipment placed next to the stumps after the authorities asked to evacuate the stadium during the Indian Premier League cricket match between Punjab Kings and Delhi Capitals at Himachal Pradesh Cricket Association Stadium in Dharamshala, India, Thursday, May 8, 2025. (AP Photo/Ashwini Bhatia)

A worker removes the equipment placed next to the stumps after the authorities asked to evacuate the stadium during the Indian Premier League cricket match between Punjab Kings and Delhi Capitals at Himachal Pradesh Cricket Association Stadium in Dharamshala, India, Thursday, May 8, 2025. (AP Photo/Ashwini Bhatia)

Recommended Articles