Huber+Suhner is acquiring the Connected Intelligence business from British firm Motion Applied, the Swiss technology and industrial group said Friday. The deal expands Huber+Suhner's rail-communications portfolio with software capabilities.
Connected Intelligence develops connectivity solutions for mobile environments and is best known for its Fleet Connect platform. The Woking, UK-based company employs approximately 45 people.
Upon completion, the business will be carved out of Motion Applied and integrated into Huber+Suhner's Transport segment. Motion Applied will retain its motorsport and electrification-technology operations after the sale.
The transaction remains subject to customary conditions and regulatory approvals, Huber+Suhner stated. The company declined to disclose the purchase price and did not provide a timeline for closing.
