VANTIQ announces strategic partnership with SoftBank
VANTIQ announced a three-pronged strategic partnership with SoftBank encompassing the following components: SoftBank and VANTIQ will jointly integrate their existing and future technologies to address rapidly growing market opportunities for real-time systems involving IoT and AI. The combined solutions will be marketed by SoftBank to systems integrators and independent software vendors for building next-generation applications. VANTIQ and SoftBank have initiated the joint development of applications for SoftBank's Smart Building and Smart City initiatives. To solidify this strategic partnership, SoftBank will lead VANTIQ's Series B investment round. As part of that transaction, Hironobu Tamba, VP and Head of SoftBank's Smart IoT and AI Division, will join the VANTIQ Board of Directors.