Particle acquires Chinese IoT company RedBear
April 12, 2018
California-based Particle, which claims to have the most widely used IoT platform, has acquired RedBear, an IoT hardware development company based in Shenzhen and Hong Kong, China.
Particle's first-ever acquisition is designed to help developers or enterprises bring IoT products to market faster. The acquisition of RedBear's design and development capabilities is part of the company's core strategy of investing in innovation that accelerates business for IoT builders working at any stage, from prototyping to full-scale deployment.
RedBear was founded in 2012 and fundraised early products on Kickstarter, building a developer community alongside its products. The RedBear team will add expertise in building Bluetooth Low Energy and wifi-enabled IoT hardware to Particle's growing product lines. RedBear CEO Chi-Hung Ma will lead Particle's development team in China.
"Particle and RedBear share the same laser focus on creating connected solutions that help product creators at any stage create value with IoT," said Chi-Hung Ma. "Becoming part of Particle will expand our team's resources to build innovative hardware that better connects anything to the internet. We're already at work on more game-changing products and look forward to sharing them soon."
Particle recently partnered with RedBear to develop and manufacture Particle Mesh, its portfolio of mesh development kits that let IoT systems cover more ground and capture more data with higher reliability at a reduced cost. Particle Mesh debuted in February and sold more than 20,000 units in the first month of pre-orders. RedBear's previous developments also include cloud platform partnerships with Amazon Web Services and Arm Mbed.
RedBear focuses on hardware for the IoT, with special interest in embedded mobile and portable devices, and technologies using Bluetooth Low Energy and wifi. The company launched its first product, the BLE Shield for Arduino, in September 2012. RedBear has released thirteen BLE and wifi boards, with almost two dozen resellers worldwide. Particle says it will support customers of RedBear's Duo and Nano hardware till the end of 2019.
Particle helps connect anything to the internet. The company provides a scalable, reliable and secure IoT platform that enables any enterprise or developer to build, connect and manage any device, and unlock the power of the IoT. More than 8500 customers, 140,000 developers and half the Fortune 500 have deployed the company's hardware and software offerings, with customers ranging from global energy provider Engie and design studio Ideo to indoor crops provider Grow Labs and coffee pioneer Keurig.
"Particle is committed to building the best team in the business to enable anyone to create IoT solutions that produce real value," said Zach Supalla, Particle co-founder and CEO. "The RedBear team impressed us with their track record of enabling IoT makers to bring their ideas to life in a third of the time and a tenth of the cost as in the past. This acquisition enables Particle to bring new products to market faster and scale to meet soaring demands for IoT connectivity, adding valuable expertise from the heart of the electronics industry in Shenzhen."