(Sharecast News) - Telecommunications company BATM Advanced Communications' Telco Systems subsidiary has struck a partnership with industrial internet of things specialist Advantech that will see its Edgility virtual networking and edge compute operating system be pre-installed on a variety of universal edge network appliances.
BATM stated on Monday that the partnership provided a further route-to-market for its Edgility solution, as well as a competitive advantage in targeting Advantech's customer base.
Chief executive Dr Zvi Marom said: "We are delighted to be partnering with Advantech to provide our Edgility solution pre-installed on their network appliances, which will enable easier and faster adoption by customers. It reflects the strength of our offering in the rapidly growing Edge Computing market, which will enable Advantech to differentiate their products.
"With annual revenue of over $1.7bn and selling globally from offices in over 20 countries, Advantech is a strong partner, and this collaboration enhances our competitive position and offers a further route-to-market. This is also a further example of our growth strategy across our business to accelerate the adoption of our solutions via collaborations with established partners."
As of 0945 GMT, BATM shares were up 4.41% at 48.55p.
Batm Advanced (BVC)