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Synopsis
HubStar, a company specializing in workplace and hybrid work solutions, completed the acquisition of Spica Technologies, a UK-based provider of workplace experience and IoT technology solutions. Financial terms were not disclosed. “Today’s workplace leaders are tasked with balancing three imperatives: reducing costs, creating exceptional employee experiences and advancing sustainability goals. This acquisition addresses all three challenges head-on. By bringing together Spica’s human-centric design and IoT integration capabilities with HubStar’s unique approach to always-on spatial intelligence, we are creating a new category leader that empowers organizations to thrive in our new era of dynamic workplace management,” Steve Vatidis, HubStar Executive Chairman.
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