SUSE Acquires Losant for Industrial IoT
Open-source infrastructure provider SUSE has acquired Losant, an Industrial IoT platform company. The acquisition is intended to strengthen SUSE's position in edge computing and data orchestration for industrial assets like sensors and robots.
- Cincinnati-based Losant was founded in 2015 by Charlie Key and Brandon Cannaday, who had previously built and sold a Platform-as-a-Service company called Modulus. - Prior to the acquisition, Losant had raised over $25 million in venture capital from investors including CincyTech and Revolution's Rise of the Rest Seed Fund, which was led by Steve Case and JD Vance. - The acquisition is a key part of SUSE's strategy to evolve from an edge infrastructure provider into a full-stack Industrial IoT platform leader, extending its capabilities from the "Far Edge" directly to the "Tiny Edge" of sensors and devices. - SUSE has announced its intention to open-source Losant's low-code platform technology to accelerate interface standardization and interoperability within the industrial automation ecosystem. - Keith Basil, the General Manager of SUSE Edge, stated the move allows SUSE to deliver solutions "where the digital world directly meets the physical one" and where AI can be meaningfully deployed to understand real-world processes. - Losant's platform was recognized in the 2025 Gartner® Magic Quadrant™ for Global Industrial IoT Platforms and serves enterprise clients such as Verizon, Warner Bros. Discovery, and Hewlett Packard Enterprise. - The deal aims to bridge the gap between operational technology (OT) and information technology (IT) by combining Losant's application and data orchestration tools with SUSE's established infrastructure for Linux and Kubernetes at the edge.
