Tango completed the acquisition of Locatee.

Tango, a provider of cloud-based real estate and facilities management software, completed the acquisition of Locatee, a workplace analytics solutions provider. Financial terms were not disclosed. “The complexities of managing a hybrid workplace mean that organizations are facing an imbalance in space supply and demand, with space utilization rates under 40% on average. Organizations are actively seeking to better understand occupancy levels, however existing solutions are often disparate and cost-prohibitive, leaving them struggling to gain accurate insights. With the addition of Locatee, Tango provides a comprehensive, cost-effective solution that empowers them to address critical questions regarding actual occupancy and utilization, leveraging their existing Wi-Fi and hard-wired networks as well as additional data sources such as badge and IoT sensors," Pranav Tyagi, Tango President and CEO.