Körber acquires IIoT specialist connyun to further strengthen its digital competence

The Karlsruhe-based startup becomes part of Business Area Körber Digital and is led by a skilled management team from both companies. connyun, founded in 2016 and formerly owned by KUKA AG, delivers future-proof applications, platform-components and services for Industrial Internet of Things (IIoT).

With the acquisition of connyun, the international technology group Körber significantly strengthens its digital competence. The transaction was completed with effect from June 29, 2018.

The startup connyun was founded in 2016 and is a provider of an Industry 4.0 Platform as a Service (PaaS) solution. The company helps to digitize the industry in combining production know-how with IIoT expertise to create pragmatic and easily applicable software solutions. connyun is focused on IIoT Cloud Software, Connectivity, Big Data Technology and Data Science as well as Industry 4.0 consulting. The services can push the efficiency and flexibility of machines, of lines and thereby consequently of complete productions. connyun’s applications enable the customers to optimize their logistics and production processes.

“The digital advancement of our Group – and in particular, our customer-facing activities – will further support our ambition of market leadership through technology leadership, because our goal is to become our customers’ first choice for innovative, technologically leading-edge, and digital solutions”, emphasizes Stephan Seifert, Chairman of the Executive Board of Körber AG. “With Körber Digital and now the team of connyun joining us, we take a big step forward towards becoming a leading, customer-centric and digitally focused industrial player. connyun’s digital experts will not only support Körber Digital with their skills in IIoT solutions, but all our Business Areas – so in the end, our customers will profit from the bundled expertise in dedicated digital product offerings.”

“This is exciting news for Körber Digital and a great strategic fit for us. We are happy to welcome all new colleagues from connyun at Körber Digital”, says Stefano Di Santo, CEO of Körber Digital. “This valuable addition means an acceleration of our digital competence and a building up of capacity in the Business Area in Berlin.”