ThingWorx, which provides a platform for the development of apps connecting people, systems and the physical world, this morning announced that it has acquired privately held, Rochester, NY-based Palantiri Systems, maker of the AlwaysOn software platform.
The combination of both companies, ThingWorx posits, will result in a single company that it says will “represent the catalyst for the next stage of the ‘connected device’ revolution”.
The acquisition integrates Palantiri Systems’ AlwaysOn real-time connectivity model and device collaboration solution with the ThingWorx platform, which extends the key functionality of the modern Web to the ‘world of things,’ to create a platform that amplifies the productivity of people through collective intelligence.
The AlwaysOn product suite essentially allows machines and production equipment to communicate with each other and the people responsible for their continued operation.
ThingWorx will remain in its Exton, PA headquarters. Palantiri Systems’ offices in Rochester, NY will be branded ThingWorx and will serve as a second location for the company.
The entire Palantiri Systems’ team will be joining the ThingWorx team.