Country for PR: United States
Contributor: PR Newswire New York
Tuesday, October 04 2022 - 21:01
AsiaNet
IZUMA NETWORKS ACQUIRES PELION'S DEVICE MANAGEMENT BUSINESS
AUSTIN, Texas, Oct. 4, 2022 /PRNewswire-AsiaNet/ --

-- Kubernetes Edge and IoT Services Company also Closes Investment by SoftBank 
Group to Accelerate Development of Izuma Cloud Edge Services

Izuma Networks ( 
https://c212.net/c/link/?t=0&l=en&o=3666483-1&h=1505458321&u=https%3A%2F%2Fwww.izumanetworks.com%2F&a=Izuma+Networks 
), the new edge computing services provider, today announced that it has 
completed an acquisition of Pelion's Device Management business, a leading IoT 
services platform. Izuma Networks, founded earlier this year by Travis McCollum 
and Ed Hemphill, veterans of the IoT industry, will focus on the rapidly 
expanding market for edge computing services. McCollum and Hemphill formerly 
founded WigWag, an Austin-based startup acquired by Arm in 2019.

Izuma Networks closed an investment by SoftBank Group which will be used to 
hire new talent and improve IoT services previously under Pelion Device 
Management, with a focus on development and dev-ops. The funding will also go 
towards streamlining and integrating edge and IoT services under one umbrella.

"The acquisition of Pelion Device Management will allow us to provide 
long-term, reliable technology to our customers through changes to our cloud 
and licensing offerings. With the advent of more complex applications such as 
AI models running on richer edge compute and microcontroller platforms  and the 
amount of data that 5G can transmit with more data hungry sensor and imagery 
components, moving IoT applications toward the edge is fundamental." Said Ed 
Hemphill, Co-Founder and CEO of Izuma. "The funding from Softbank will allow 
the Company to focus on streamlining and integrating our edge and IoT 
offerings, as well as providing new offerings to help our customers meet the 
rapidly changing regulatory and security requirements around the world."

With constant changes in major providers offerings, such as the recently 
announced shutdown of Google's IoT Core Services product, the team at Izuma 
Networks is focused on providing a pure play IoT and Edge service with long 
term support which is cloud provider independent. The team is hyperfocused on 
making changes to their cloud and license offerings that will provide 
assurances to major enterprise customers building solutions with decade and 
longer product life cycles. 

"We are excited to partner with two proven entrepreneurs in building out the 
Izuma Networks multi-cloud, edge compute offering for IoT services" said 
Alexander Fortmuller, Director of Investing for SoftBank Group International.  
"Our investment in Izuma marks a further acceleration in the journey towards 
the proliferation of IoT Services and Edge Compute begun under Pelion Device 
Management."

About Izuma Networks (www.izumanetworks.com)
Izuma Networks offers a globally available edge computing and Internet of 
Things management service. With the acquisition of the Pelion Device Management 
business, Izuma Networks is a leader in both edge computing services and IoT 
services. Izuma Cloud is the Company's unified solution for both IoT deployment 
and management of devices, as well as application orchestration and remote 
management at the Edge.

Izuma Networks edge computing offering includes Izuma Edge, an Apache 2.0 
licensed software stack which can live on any x86 or Arm 64-bit class product. 
This stack allows customers to deploy applications using Kubernetes APIs and 
provides critical remote management services for operators deploying dozens to 
thousands of remote gateways or edge servers. Izuma Client, formerly Pelion 
Device Management Client, is a lightweight portable stack for connecting IoT 
devices to the Izuma Cloud. The Izuma Client has sophisticated firmware updates 
and Lightweight M2M data services. Both the Edge and Client stacks provide 
robust security through secure boot support and Root of Trust management.

For further inquiries:
Kayla RItchie
press@izumanetworks.com

Source - Izuma Networks
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