Pratexo
Assembly Line
🖥️ ABB invests in edge-to-cloud platform innovator Pratexo
ABB is investing in a strategic partnership with Pratexo, an edge-to-cloud acceleration platform company. The partnership involves a minority investment in Pratexo through ABB’s venture capital unit, ABB Technology Ventures (ATV). Financial details of the investment were not disclosed.
The collaboration with Pratexo will help ABB’s customers deploy edge-based networks and solution architectures that provide real time insights, with the added benefits of reduced cloud data transfer volumes, improved data privacy and security, and the ability to run even when not connected to the internet.