09.01.22
Emerson announced it has made a strategic investment through Emerson Ventures, its corporate venture capital arm, in Spearix Technologies, Inc., whose adaptive, multi-core radio processor provides a system-level solution for Industrial Internet of Things (IIoT) wireless communication.
Through the investment and Emerson Ventures’ value-add strategic investment approach, Emerson will support Spearix’s technology and early stage growth while expanding upon its own IIoT capabilities. Emerson Ventures is the first corporate or institutional investor to make an investment in Spearix. In conjunction with the investment, Emerson has also entered into an engineering collaboration agreement with Spearix.
“As the IIoT grows, billions of sensors and radio frequency (RF) transceivers will operate near others in low-cost, unlicensed RF bands. Wireless networks are increasingly challenged by a variety of RF aggressors, which can impact reliability and range,” said Thurston Cromwell, VP of development and innovation, and head of Emerson Ventures.
“We believe technologies like what Spearix is building have promise in overcoming the obstacles caused by interference and congestion,” Cromwell added. “Emerson will realize even greater reliability and range through the implementation of Spearix technology into our robust industrial wireless mesh network portfolio and associated software products. Spearix technology also presents an enormous opportunity to significantly improve the performance of many other wireless communication protocols.”
Based in Cedar Park, TX, Spearix’s primary product offering is a multi-core radio processor and associated software that adapts to optimize performance and power based on measured environmental conditions. The technology has been shown to greatly improve the connection reliability of industrial protocols while operating under heavy interference induced by high-power, high-bandwidth pervasive Wi-Fi operation.
“At Spearix, we have ambitious plans and goals, and we are excited to partner with Emerson, which brings the same innovative thinking we rely on each day,” said Manas Behera, founder and CEO at Spearix. “Emerson is an ideal fit for us, as they have the right people, technology, processes and market expertise. Together, we think we’re going to solve a tremendous challenge currently facing IIoT.”
Through the investment and Emerson Ventures’ value-add strategic investment approach, Emerson will support Spearix’s technology and early stage growth while expanding upon its own IIoT capabilities. Emerson Ventures is the first corporate or institutional investor to make an investment in Spearix. In conjunction with the investment, Emerson has also entered into an engineering collaboration agreement with Spearix.
“As the IIoT grows, billions of sensors and radio frequency (RF) transceivers will operate near others in low-cost, unlicensed RF bands. Wireless networks are increasingly challenged by a variety of RF aggressors, which can impact reliability and range,” said Thurston Cromwell, VP of development and innovation, and head of Emerson Ventures.
“We believe technologies like what Spearix is building have promise in overcoming the obstacles caused by interference and congestion,” Cromwell added. “Emerson will realize even greater reliability and range through the implementation of Spearix technology into our robust industrial wireless mesh network portfolio and associated software products. Spearix technology also presents an enormous opportunity to significantly improve the performance of many other wireless communication protocols.”
Based in Cedar Park, TX, Spearix’s primary product offering is a multi-core radio processor and associated software that adapts to optimize performance and power based on measured environmental conditions. The technology has been shown to greatly improve the connection reliability of industrial protocols while operating under heavy interference induced by high-power, high-bandwidth pervasive Wi-Fi operation.
“At Spearix, we have ambitious plans and goals, and we are excited to partner with Emerson, which brings the same innovative thinking we rely on each day,” said Manas Behera, founder and CEO at Spearix. “Emerson is an ideal fit for us, as they have the right people, technology, processes and market expertise. Together, we think we’re going to solve a tremendous challenge currently facing IIoT.”