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Sep 25, 2017ACQUISITIONVictoria, Australia

Madison Technologies acquires Shepelec Instrumentation

Australian communications distributor Madison Technologies has acquired Victoria-based IoT manufacturer Shepelec Instrumentation for an undisclosed sum, including its MultiPar Multi-IO Device product.

Status

Announced

ProductsMultiPar Multi-IO Devicecloud-based data logging platformIoT devices

CompaniesMadison Technologies acquirer Shepelec Instrumentation target

Sectors#Automation and Robotics #Industrial Machinery

“This acquisition aligns strongly with our goals for long-term evolutionary growth of our product and total solutions growth.”techpartner.news

1 source
techpartner.newsMadison Technologies acquires Victorian IoT firm Shepelec Instrumentation - techpartner.newsMichael JenkinSep 25, 2017

Summarized from public sources; check the original articles before acting on it.

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