Announced
Financials
Sources
Tags
Private
machine learning
artificial intelligence
Pending
Acquisition
Friendly
Software
iot platform
Majority
wearables
Single Bidder
India
Synopsis
Titan, a watchmaking firm, agreed to acquire HUG Innovations, an Internet of things platform. Financial terms were not disclosed. "HUG Innovations has finally sailed to a safe harbor. Titan acquired HUG Innovations. And yes, this is a cash positive exit with 100% employee retention with bonus and a great career ahead," Raj Neravati, HUG Innovations Founder.
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