{"id":510747,"date":"2021-07-08T07:03:43","date_gmt":"2021-07-08T11:03:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/view-inc-acquires-iotium-a-pioneer-in-secure-edge-cloud-infrastructure-for-smart-buildings\/"},"modified":"2021-07-08T07:03:43","modified_gmt":"2021-07-08T11:03:43","slug":"view-inc-acquires-iotium-a-pioneer-in-secure-edge-cloud-infrastructure-for-smart-buildings","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/view-inc-acquires-iotium-a-pioneer-in-secure-edge-cloud-infrastructure-for-smart-buildings\/","title":{"rendered":"View, Inc. Acquires IoTium, a Pioneer in Secure Edge-Cloud Infrastructure for Smart Buildings"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">MILPITAS, Calif., July  08, 2021  (GLOBE NEWSWIRE) &#8212; View, Inc. (Nasdaq: VIEW) (\u201cView\u201d), the leader in smart building platforms and smart windows, today announced it has acquired IoTium, the leading provider of secure, cloud-managed, software-defined IoT networks. IoTium\u2019s easy-to-deploy solutions enable building owners to quickly achieve enterprise-grade security, reduce operating costs, and gain real-time visibility into their entire real estate portfolios.<\/p>\n<p align=\"justify\">\u201cView\u2019s smart building platform makes it easy to securely deploy a wide variety of smart building applications,\u201d said Nitesh Trikha, Chief Product Officer at View. \u201cIoTium\u2019s edge-cloud solution makes the deployment process even easier, especially in existing buildings with legacy networks and systems. It is the most reliable, easiest-to-deploy and most economical solution to implement enterprise-grade security and a converged edge infrastructure in buildings. Incorporating this into View\u2019s smart building platform will accelerate the digital transformation of real estate.\u201d<\/p>\n<p align=\"justify\">Real estate owners recognize the need to make their existing buildings secure and smart; however, they face a difficult tradeoff. Upgrading legacy networks to achieve best-in-class security and converged connectivity requires significant upfront investment, while leaving those networks as-is exposes building owners and their tenants to security threats. IoTium solves this dilemma. The company\u2019s secure, edge-cloud solution works with both new and existing operations technology (OT) networks, is easy to deploy and dramatically reduces operational costs by virtually eliminating on-site service visits. IoTium\u2019s solution is currently deployed in over 800 buildings at several Fortune 500 clients.<\/p>\n<p>\u201cKilroy easily deployed IoTium\u2019s solutions across our entire portfolio,\u201d said Khanh Nguyen, Vice President of IT at Kilroy Realty Corporation. \u201cIoTium provided us with a plug-and-play, highly secure, unified infrastructure for all of our smart building applications, streamlining our day-to-day engineering tasks and reducing network operating costs by 75 percent. We look forward to working with View to make our buildings even smarter, healthier and more energy-efficient.\u201d<\/p>\n<p align=\"justify\">\u201cWe are thrilled to join View and are excited by View\u2019s mission to reimagine the human experience in buildings, mitigate climate change and make buildings smarter,\u201d said Dhawal Tyagi, co-founder &amp; CEO of IoTium.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About View<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>View is the leader in smart building platforms and smart windows that transform buildings to improve human health and experience, reduce energy consumption and carbon emissions, and generate additional revenue for building owners. View Smart Windows use artificial intelligence to automatically tint in response to the sun, eliminating the need for blinds and increasing access to natural light. Every View installation includes a cloud-connected smart building platform that can easily be extended to improve indoor cellular coverage, enhance building security and reimagine the occupant experience. View is installed and designed into 75 million square feet of buildings including offices, hospitals, airports, educational facilities, hotels and multi-family residences. For more information, please visit: www.view.com.\u00a0<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About IoTium <\/u><br \/>\n        <\/strong><br \/>\n        <br \/>IoTium is the leading provider of secure edge-cloud Infrastructure for smart buildings. IoTium\u2019s highly scalable and secure infrastructure is used by Fortune 500 customers to rapidly enable digital transformation across their portfolio. IoTium\u2019s cloud-delivered IoT service allows customers to easily connect their building assets to cloud applications, remotely access these assets and deploy cloud-native applications at the building edge, resulting in significant operational cost reductions. For more information, please visit: www.iotium.io<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>Contacts:<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>\n        <u>For Investors: <\/u><br \/>\n        <br \/>Samuel Meehan<br \/>View, Inc.<br \/>Investor Relations<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=k6huPKRBWgVOQ4it2eztOBGtAXYhvfcOWWb8ciZ_xlf3KpJK1rux4N1Dm5kWOlczZhPUr8hzQihcG_vql3M-1Q==\" rel=\"nofollow noopener\" target=\"_blank\">IR@View.com<\/a><br \/>408-493-1358<\/p>\n<p align=\"justify\">\n        <u>For Media:<\/u><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7GCuqEeBkyKZ1uNa9VrFd1R590Ex96fkAY9h2OnsT-h-q7LzWfKaFtCGvGkSTtdA\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <u>Treble<\/u><br \/>\n        <\/a><br \/>\n        <br \/>Michael Kellner<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9lyJj8fDn9LtQBM1TsDfmERnzpdmHK2yyspwq4R4zyO4MWH7fxw28Kt-Qmv2VFLghNkDePCZXHdGZoZZFteFcw==\" rel=\"nofollow noopener\" target=\"_blank\"><u>view@treblepr.com<\/u><\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3NzA5OCM0Mjg3OTM2IzIyMDcwMjE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/8578dbdd-30f7-4709-8d86-76f360b417da\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MILPITAS, Calif., July 08, 2021 (GLOBE NEWSWIRE) &#8212; View, Inc. (Nasdaq: VIEW) (\u201cView\u201d), the leader in smart building platforms and smart windows, today announced it has acquired IoTium, the leading provider of secure, cloud-managed, software-defined IoT networks. IoTium\u2019s easy-to-deploy solutions enable building owners to quickly achieve enterprise-grade security, reduce operating costs, and gain real-time visibility into their entire real estate portfolios. \u201cView\u2019s smart building platform makes it easy to securely deploy a wide variety of smart building applications,\u201d said Nitesh Trikha, Chief Product Officer at View. \u201cIoTium\u2019s edge-cloud solution makes the deployment process even easier, especially in existing buildings with legacy networks and systems. It is the most reliable, easiest-to-deploy and most economical solution to implement enterprise-grade security and a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/view-inc-acquires-iotium-a-pioneer-in-secure-edge-cloud-infrastructure-for-smart-buildings\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;View, Inc. Acquires IoTium, a Pioneer in Secure Edge-Cloud Infrastructure for Smart Buildings&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-510747","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>View, Inc. Acquires IoTium, a Pioneer in Secure Edge-Cloud Infrastructure for Smart Buildings - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/view-inc-acquires-iotium-a-pioneer-in-secure-edge-cloud-infrastructure-for-smart-buildings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"View, Inc. Acquires IoTium, a Pioneer in Secure Edge-Cloud Infrastructure for Smart Buildings - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MILPITAS, Calif., July 08, 2021 (GLOBE NEWSWIRE) &#8212; View, Inc. (Nasdaq: VIEW) (\u201cView\u201d), the leader in smart building platforms and smart windows, today announced it has acquired IoTium, the leading provider of secure, cloud-managed, software-defined IoT networks. IoTium\u2019s easy-to-deploy solutions enable building owners to quickly achieve enterprise-grade security, reduce operating costs, and gain real-time visibility into their entire real estate portfolios. \u201cView\u2019s smart building platform makes it easy to securely deploy a wide variety of smart building applications,\u201d said Nitesh Trikha, Chief Product Officer at View. \u201cIoTium\u2019s edge-cloud solution makes the deployment process even easier, especially in existing buildings with legacy networks and systems. It is the most reliable, easiest-to-deploy and most economical solution to implement enterprise-grade security and a &hellip; Continue reading &quot;View, Inc. 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