Amsterdam-based IoT space tech startup Hiber has announced that it has acquired Paris-based IoT LoRaWAN-enabled hardware manufacturer Srett Industrie, which specializes in LoRaWAN-enabled devices for ATEX environments.
The acquisition will strengthen Hiber’s research, development and manufacturing capabilities and expand HiberHilo operations around the world. The acquisition is aimed at accelerating innovation in remote well health and monitoring technologies.
Remote IoT Solutions Providing Actionable Insights
Founded in 2016, Hiber is addressing the long-standing challenge of remote monitoring in the energy sector with its innovative solution, HiberHilo. By providing visibility into remote wells and pipelines, Hiber increases safety for people, communities and the environment.
HiberHilo provides IoT solutions that are easy to buy, install and use, and the technology enables oil and gas companies to monitor critical aspects of their remote operations around the world.
The company’s solutions include HiberHilo, designed for oil and gas well monitoring, and HiberEasypulse, which facilitates asset tracking and vehicle monitoring across sectors such as transportation, mining, construction, agriculture and forestry.
Hiber operates across five continents, providing comprehensive monitoring capabilities to major domestic and international energy companies.
– Message from our partners –
Purpose of the Acquisition
The agreement enables Hiber to offer a comprehensive end-to-end IoT solutions suite, powered by its HiberHilo solutions, including hardware tailored for ATEX environments, LoRaWAN technology integrated with advanced satellite, 3G/4G or LAN connectivity options, and data.
The solution provides 24/7 remote asset monitoring (pressure, temperature, flow) and remote valve actuation. Hiber & Srett Industrie already serves 8 of the top 10 Oil & Gas and Hydrogen giants across all continents.
Erik Boertje, MD of Hiber, said: “This is a significant moment for Hiber. This acquisition marks an important step forward and together we look forward to accelerating the delivery of sustainable and secure IoT solutions for the energy industry.”
Philippe Gambier, general manager at Srett Industrie, added: “Having worked closely with Hiber over the past few years, we are confident that together our two companies can better support the energy industry, improving operational efficiency whilst minimising carbon emissions and HSE risks.”
Following the transaction, Srett Industrie will operate under the brand name Hiber.
About Srett Industry
Srett leverages the power of IoT technologies such as connected objects, IT security measures, cloud computing (both SaaS and PaaS) and data analytics to provide secure remote monitoring solutions.
The company has been delivering BumbleBee IoT hardware customized for ATEX environments since 2004 and claims to be a leader in the energy industry.
Srett Industrie’s expertise is evident in solutions such as remote pressure and temperature monitoring as well as valve actuation for wells and pipelines. Since 2020, the company has been an integral part of HiberHilo.
