Sumitomo Corporation of Americas Invests in Origin Wireless
March 25, 2020
Sumitomo Corporation of Americas (SCOA) announced a strategic investment in Origin Wireless to accelerate the company's integration of its AI-enabled Wi‑Fi sensing technology with 5G and expand its product offerings. The partnership positions SCOA to apply Origin’s wireless AITM solutions across Sumitomo’s diverse businesses — from healthcare and security to logistics and infrastructure — unlocking new go-to-market opportunities.
- Buyers
- Sumitomo Corporation of Americas (SCOA), Sumitomo Corporation
- Targets
- Origin Wireless
- Industry
- AI & Machine Learning
- Location
- Maryland, United States
- Transaction Type
- Growth capital
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