To customers, partners, and friends of Arrayent,
This morning, I am announcing that our board of directors has approved the acquisition of Arrayent by Prodea Systems, Inc. This is a big day for all of us. Over ten years ago, our founder, Shane Dyer, had a vision that it should be simple for brand manufacturers to get products connected through the Internet in order to get closer to their customers.
That vision evolved into reality when first in 2007 we helped Mattel launch the ‘IM-Me’ instant messaging toy, to today with Arrayent leading the consumer IoT market launching and managing over 70 connected products from 15+ consumer brands across five continents. It took the dedicated efforts of many incredibly talented Arrayent team members to build the leading consumer IoT cloud platform we have today and we look forward to continuing to serve our current customers plus inviting many more to join our connected product revolution.
We are merging our teams and technology with Prodea a developer of carrier-grade IoT services being deployed by government agencies, healthcare providers, and service providers such as telcos, utilities, and cable operators across four continents. Our combined companies are creating a carrier-grade IoT services platform that delivers a private-label managed IoT services to public and private sector organizations who want to use IoT as a tool for digital transformation.
Arrayent customers will continue to get the same IoT cloud services they depend on, but will now also have access to new capabilities and markets brought to us by Prodea’s platform, services, and channels. Across the board, we expect our customer experience and value to greatly improve, even with expectations already set so incredibly high.
As we move forward on this next step of our journey, I also want to recognize that our success would not have been possible without all of the customers, partners, and investors, whose faith in Arrayent’s vision brought us to this exciting next chapter. Thank you for being with us every step of the way.
The road ahead is more promising than ever and I am looking forward to continuing on this journey, now as Chief Revenue Officer of Prodea. What we have planned will absolutely rock the IoT industry and the world. Today is just the beginning!
All the best,
CEO, Arrayent Inc.