Stringify has been acquired by Comcast.

Overview

On September 18, 2017, Comcast acquired Stringify, a leading Internet of Things (IoT) automation provider.

Financial terms were not disclosed.

With its innovative Flows technology, Stringify enables Comcast to easily automate the interconnectivity of IoT devices and services.
Comcast gains access to over 600 connected devices and services, over 100,000,000 monthly events, and one of the IoT sector’s most advanced engineering teams.
Transformational transaction accelerates Comcast’s initiatives in IoT, Xfinity Home, and xFi.
Deal builds on Comcast’s previous acquisition of iControl Networks and investment in Plume.

Inbound M&A interest required accelerated marketing and transaction execution process.
Catapult used its IoT market expertise and senior level business contacts to create competing offers under a tight timeline.
Transaction closed in near-record time.