Michigan ‘Pioneer’ Buys Indy IoT Tech Provider
(Image courtesy of TechPoint) Anurag Garg founded DATTUS in 2013.
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA five-year-old industrial Internet-of-Things company founded in Indianapolis has been acquired by a Michigan company. DATTUS Inc. founder Anurag Garg calls the deal by Plex Systems "a phenomenal fit" and one that provides technological, market and cultural synergies. Plex is not releasing financial details of the acquisition and Garg, who has been named vice president of IoT and analytics with Plex Systems, says additional details of how Plex will handle its IoT offerings will be announced later.
In an interview with Inside INdiana Business, Garg said the deal is a testament to the tech scene in the state. "It’s more validation that there are amazing companies coming out of Indiana and Indianapolis and working on some amazing tech and very relevant problems that continue to put Indiana on the map for entrepreneurship and technology," he said. Garg called Plex a pioneer in its field, adding that it was using cloud computing technology in the manufacturing world since its founding 25 years ago when the Internet was just beginning to be widely available.
"Plex is an ideal fit for DATTUS, as we share the same central vision of transforming manufacturing in the cloud," said Garg. "I’m confident that our work in machine connectivity, data management, and analytics will be a major force in that transformation going forward, and I couldn’t be happier to join Plex."
In 2016, DATTUS won the Best New Tech Product Award at the TechPoint Mira Awards. The company was launched at Purdue University and has been headquartered in Indianapolis.
In an interview with Inside INdiana Business, DATTUS Inc. founder Anurag Garg said the deal is a testament to the tech scene in the state.