mCloud to acquire Fulcrum and Autopro.

Universal mCloud Corp, a provider of asset management solutions combining IoT, cloud computing, artificial intelligence, and analytics, signed the final binding definitive agreement to acquire Fulcrum Automation Technologies and Autopro Automation Consultants for $30m. "Autopro's extensive expertise in industrial process automation along with the many strong customer relationships they maintain within oil and gas create the opportunity to take AI-powered asset management across the industry," said Russ McMeekin, mCloud President, and CEO.