Titan to acquire HUG Innovations.

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.