Intamac signs licensing deal with Sprue Aegis

Intamac has reported Sprue Aegis plc, one of Europe´s home safety products suppliers, has acquired a license to use Intamac´s Internet of Things connected home cloud platform and embedded software source code, with development rights, on a perpetual royalty free basis, the company said.

Under the terms of the deal, Sprue will be able to operate and develop its own unique IoT solutions and intellectual property, whilst gaining the speed to market and other advantages of building on top of Intamac´s mature, market proven software technology.

Intamac Systems Ltd. is an Internet of Things (IoT) enabler and innovator. The company enables original equipment manufacturers (OEMs) and product vendors to connect their products, devices and appliances to the internet.