# Siam Cement Group and ZiFiSense form joint venture for IoT in Southeast Asia

Siam Cement Group (SCG) and ZiFiSense established ZiFiSense Asia Co. Ltd, a joint venture with registered capital of 22 million Thai baht (SCG 55%, ZiFiSense 45%), to provide ZETA-based LPWAN solutions for Industrial IoT, Smart City, Smart Agriculture, and Logistics in Southeast Asia.

- Type: Acquisition
- Announced: 2022-05-19
- Where: Thailand
- Value: $630K (22.0M THB)
- Status: completed
- Products: LPWAN IoT solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Siam Cement](https://endata.com/companies/6339.md) (partner)
- [ZiFiSense](https://endata.com/companies/62956.md) (partner)

## Sources

- [en.zifisense.com](https://en.zifisense.com/news/63.html), 2022-05-19: "ZiFiSense, the provider of LPWAN2.0 technology - ZETA, together with Siam Cement Group (SCG), a leading industrial conglomerate in the ASEAN region, recently announced the establishment of ZiFiSense Asia Co. Ltd, a joint venture with a registered capital of 22 million Thai baht"

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