Kontakt.io Acquires ramp.digital, To Further Strategy of Simplified AI-powered IoT Solutions for Business Users


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SAN JOSE, Calif., March 21, 2019 /PRNewswire-PRWeb/ -- ramp.digital, an IoT Solutions company based in San Jose, California, announced acquisition by Kontakt.io, the leading location Internet of Things (IoT) Infrastructure provider. Read announcement from Kontakt.io here.

ramp.digital was founded in 2016 with a vision of creating IoT powered business solutions for manufacturing, transportation/logistics and medical devices space. "Business trumps technology" has always been our guiding principle. With this single-minded focus, we have built pioneering solutions that are producing compelling business outcomes for our customers over the years. The time has now come to build these solutions at scale, as the market is ready. We are joining forces with another industry pioneer to advance the shared vision of simple yet powerful, scalable IoT solutions that solve here-and-now problems for business users. The solution expertise of ramp.digital and Kontakt's success in IoT hardware and Infrastructure software will allow us to offer simplified full solutions like no other company.

Prateek Gera, the founder and CEO of ramp.digital and a former executive at HP, Cisco, joins Kontakt.io as VP of Product for Simon AI, Kontakt.io's end-to-end IoT (Internet of Things) solution offering.

Rakesh Panda, founding engineer and CTO of ramp.digital and a former engineering leader at Cisco and Infosys will be pursuing other interests.

ramp.digital thanks all the customers and partners who have provided us the opportunity to work with them over the years and will continue to work with them, now as Kontakt.io

SOURCE Ramp Digital


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: FintechPress ReleasesAcquisitionsBanking/Financial ServicesMergerstakeovers