Palo Alto, CA (March 1st, 2016)
Movilizer, a member of the German Accelerator Tech program’s Q3 2015 cohort, will join forces with an industry-leading, Fortune 100 diversified technology and manufacturing leader.
Movilizer, a leading provider of enterprise solutions for track and trace, direct store delivery, and field maintenance founded in Mannheim, Germany, announced today that Honeywell has acquired the company for an undisclosed amount. (Read Honeywell’s press release here.)
“We’re very proud of Movilizer’s achievements and congratulate them on the Honeywell acquisition and their outstanding market progress. Movilizer is a good example of how German Accelerator can help outstanding German tech startups scale quickly and reach global success,” said Dirk Kanngiesser, CEO of the German Accelerator.
“We learned more in three months of the German Accelerator program than we had learned in the previous nine years, since we started Movilizer. The GA mentors helped us focus our target use cases and validate our business model with U.S. customers. They made introductions and offered their network and experience to us without limits. It’s an exceptional program and a great opportunity for German-founded startups with global aspirations,“ said Alberto Zamora, CEO of Movilizer.
Movilizer’s multi-tenant, cloud and mobile applications are currently used by more than 200 multi-national companies in 30 countries, executing more than 1.5 million mobile business application transactions daily in the utility, manufacturing and engineering, transportation and logistics, and consumer packaged goods industries. The platform allows customers running SAP for example, to more quickly build native mobile applications from scratch inside SAP or to rapidly deploy out-of-the-box mobile applications for service, maintenance, sales, distribution, warehouse or track-and-trace environments in just days.
Movilizer (www.movilizer.com) was named a 2015 “Cool Vendor in Mobile App Development” by Gartner, a leading information technology research and advisory company. In addition to Movilizer’s solutions for track and trace, direct store delivery and field maintenance environments, its platform has enabled more than 100 partners and customers to create more than 1,000 unique applications for fleet management, field service, direct store delivery, asset rental management, mobile order entry, time and attendance reporting, among others.
Movilizer is headquartered in Mannheim, Germany, and has a team of more than 100 people. Movilizer is now part of Honeywell Sensing and Productivity Solutions, based in Fort Mill, South Carolina, a business unit within Honeywell Automation and Control Solutions.
Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and performance materials. For more news and information on Honeywell, please visit www.honeywellnow.com.
About German Accelerator:
The German Accelerator Tech program is a growth acceleration program that supports German startups from tech related sectors to enter the U.S. market. It provides startups with hands-on mentoring and office space at its locations in Silicon Valley, San Francisco, and New York City. German Accelerator identifies and selects the most promising German startups and assists them in their pursuit of becoming category leaders with lasting competitiveness and success in the global market place. The accelerator’s vision is to establish a permanent bridge between Germany and the U.S. that facilitates transatlantic startups, provides inspiration and drives demand, innovation, research and development in Germany.
Participation in the German Accelerator program is free of charge for all selected companies.
Matthias Groo, Marketing & Project Manager
German Accelerator Inc.
720 University Avenue, Palo Alto, CA 94301