Published October 31, 2024
TWTG, a manufacturer of wireless products and solutions across industries, acquisition broadens IMI’s capabilities.
IMI Plc has announced the acquisition of TWTG Group B.V. (TWTG), an Industrial Internet of Things (IIoT) company based in the Netherlands. TWTG will become part of IMI’s Process Automation sector. This acquisition strengthens IMI’s position in digital transformation and process automation, broadening its capabilities in wireless IoT solutions.
TWTG, renowned for its wireless products and LoRaWAN-enabled devices, offers solutions that enhance operational efficiency, safety and sustainability across industries including energy, utilities and heavy manufacturing. With this acquisition, IMI aims to leverage TWTG’s expertise to accelerate its growth in the fast-evolving IIoT market, providing customers with state-of-the-art digitalization solutions.
Roby Buyung, president of process automation at IMI, commented: “The acquisition of TWTG aligns perfectly with our strategy to deliver innovative solutions that help our customers to make smarter, more efficient, and sustainable decisions. TWTG’s unique technology and deep expertise in the Industrial IoT space will enhance our existing asset monitoring portfolio and help us deliver next-generation wireless automation solutions to our customers.”
Commenting on the acquisition, TWTG CEO Nadine Herrwerth said: “We are humbled and excited to become part of IMI. This partnership provides us with a global platform to scale our innovative solutions, accelerate the growth of TWTG and enhance IMI’s offering to its valued customer base. We see great potential in our joint future path.”
IMI and TWTG will collaborate closely to integrate their solutions and ensure a seamless experience for customers and channel partners. The acquisition is expected to bolster IMI’s expanding portfolio of IoT-enabled products, allowing it to better serve the growing demand for digital transformation across key end markets in process industries.
To explore IMI’s Process Automation solutions and offerings, visit the company’s website.
With the U.S. industrial sector projected to face 1.9 million unfilled jobs by 2032, according to Deloitte, and equipment failures causing up to 20% production losses, SMBs are under pressure from workforce shortages, costly downtime, rising operating costs, supply chain disruptions and the complexities of adopting Industry 4.0 technologies. “Small- and medium-sized manufacturers are the backbone of our economy and they are dealing with a different set of challenges compared to enterprise-scale manufacturers,” said Chris Stevens, president, Siemens Digital Industries, U.S. “Among these are transparency to performance, workforce readiness, technology integration, cybersecurity and productivity.” For SMB manufacturers navigating today’s complex production landscape, the Siemens Xcelerator portfolio offers a transformative solution.
December 16, 2025
Initiative leverages the technology and expertise of both companies to better secure OT environments across entire facilities.
December 10, 2025
The Indian manufacturer acquired 45% ownership of the Texas-based company.
November 11, 2025
