Cumulocity management, Verso Capital, Avedon and Schroders Capital create the leading independent IoT platform in a 23-country carve-out
Düsseldorf, January 20, 2025 – Cumulocity, the German IIoT (Industrial IoT) pioneer has today announced its acquisition by its management team from Software AG*. The team is backed by European financial investor Avedon, which supports owner-led companies in achieving their growth objectives, together with Schroders Capital, the private markets-focused division of the Schroders Group with […]