Software services firm Happiest Minds Technologies Pvt. Ltd has acquired Internet of Things (IoT) platform Cupola Technology for an undisclosed amount, according to a press statement.
“We have found that organisations are rapidly moving from proof of concept to enterprise-wide IoT rollouts. This has brought about the need for a dedicated IoT operations centre with a solution-centric approach,” Sashi Kumar, CEO and managing director of Happiest Minds, said.
Bangalore-based Cupola Technology Pvt. Ltd was founded by Ajay Agarwal and Huzefa Saifee in 2011. Agarwal and Saifee previously founded Internet TV platform Verisimo Networks, which had received funding from Intel.
“A connected ecosystem was at the heart of founding Cupola in 2011 and IoT-based solutions have been the driving force behind our success,” said Agarwal.
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