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German Reinsurer Munich Re Buys Tech Startup relayr For $300M

September 05, 2018
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German Reinsurer Munich Re Buys Tech Startup relayr For $300M

September 05, 2018
Munich Re announced that it is acquiring tech startup company relayr via its subsidiary Hartford Steam Boiler (HSB). The startup, which is valued at $300 million, offers industrial players end-to-end solutions in the area of Internet of Things (IoT) and digitalization. “The Internet of Things is already changing our world, and has the potential to […]