Directed Technologies acquires wearables company

AutoExec Summary

Directed Technologies, an Australian company, has acquired Sofihub, a leader in assisted monitoring and living technologies. This acquisition will allow Directed Technologies to integrate Sofihub’s wearable and monitoring products into their fleet customer services, enhancing driver and worker safety. The expansion will also allow Directed Electronics to broaden their smart home portfolio and assistive technology space. This move aims to provide innovative solutions for the aging population and healthcare sector. Sofihub’s capabilities include real-time fall detection, safety pendants with GPS tracking, and personal duress alarms for at-risk employees.

Brands mentioned: Directed Technologies, Sofihub, Careteq Limited, e.things platform.