Anaren spins off IoT Group to Jeff Liebl’s new Atmosphere IoT Corp.
“Anaren, Inc. of East Syracuse, NY has divested some key assets and agreements from its IoT Group to a team led by former Anaren executive, Jeff Liebl. The assets have been spun off to Anaren’s IoT Group management team, which recently formed Atmosphere IoT Corp. Jeremy Cowan reports.” The divestiture is being made as part of the previously announced sale of US-based Anaren, Inc. to TTM Technologies (TTMI.O) for US$775 million. IoT Now understands that the IoT deal closed on January 2, but terms were not disclosed.” To read the entire article, visit IoT Now.
