NEW DELHI: Internet devices firm Gaia Smart Cities has acquired Internet of Things business of communications service provider Netcore in a an equity deal. "We have finalised deal to acquire IoT business of Netcore in an equity deal. The company provides internet of things solution like remote access to water meter, gas meter, asset tracking. The IoT division of Netcore including Amul, Paras, Parag Dairies, ACC Cement and many others across various segment. We have separate set of clients with whom we are involved in providing consultancy and software development for remote access of their devices," Chowdhury said.

Source: Economic Times June 12, 2016 10:41 UTC