# 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.

- Type: Acquisition
- Announced: 2017-09-25
- Where: Victoria, Australia
- Status: announced
- Products: MultiPar Multi-IO Device, cloud-based data logging platform, IoT devices
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Madison Technologies](https://endata.com/companies/27100.md) (acquirer)
- [Shepelec Instrumentation](https://endata.com/companies/27101.md) (target)

## Sources

- [techpartner.news](https://www.techpartner.news/news/madison-technologies-acquires-victorian-iot-firm-shepelec-instrumentation-474046), 2017-09-25: "This acquisition aligns strongly with our goals for long-term evolutionary growth of our product and total solutions growth."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.