IntelliSite, Broad Sky Networks Merging Solutions Post-$30 Million Investment

IntelliSite is merging its offering with that of Broad Sky Networks a year and a half after acquiring the wireless connectivity solutions provider.

IntelliSite and Broad Sky, which function as subsidiaries in the same holding company, will merge with one another. The integration brings together Broad Sky’s wireless connectivity with IntelliSite’s AI-based IoT platform.

IntelliSite in 2020 acquired Broad Sky. The deal led to the creation of a holding company called Epic IO Technologies. However, IntelliSite and Broad Sky Networks continued to work as independent subsidiaries until now.

Executives cited the $30 million loan Runway Growth Capital made to Epic in the last quarter of 2021.

“Our recent $30 million in growth financing from Runway Growth Capital will enable us, to not only combine, but expand our Epic IO teams to serve the growing number of customers seeking better value from their IoT networks,” EPIC iO CEO Ken Mills said.

Epic iO’s Ken Mills

Investors said then that financial backing from Runway and DFW Capital would let Epic build more platform IP and infrastructure.

Converged Services

For example, the DeepInsights AI software platform, which comes from the IntelliSite side, will use data collected from cloud-based and edge-based IoT sensors and devices. Moreover, Broad Sky’s 4G LTE and 5G wireless connectivity will power those solutions.

Mills said the merged services will benefit both customers and channel partners. In particular it will help customers maximize their IoT investments.

“Businesses now have access to one source for cross-carrier connectivity, IoT solutions, and a proprietary AI SaaS platform to bring together data from existing and future IoT investments. Our DeepInsights AI platform enables customers to use data intelligence to spot facility safety issues, to improve loss prevention practices and to mine workflow data to improve productivity, among many other benefits,” Mills said.

The subsidiaries’ engineering, technology and operations teams will come together as a result of the merger. The company’s partners include agents, MSPs and resellers.