IQP Corporation

Platform for Code-free Application Creation

Business Software
Acquired (Inactive) by General Electric on Jul 2017 - closed due to acquisition
Acquired Ramat Gan Founded 2011
LinkedIn
Total raised
Stage
Acquired
Founded
2011
Headcount
2
HQ
Ramat Gan
Sector
Business Software

About

IQP Corporation provides an IoT and machine-to-machine development platform designed to enable the rapid, code-free creation of applications using a web-based visual programming interface. The company uses web application development tools and a run-time environment for delivering cross-platform business and IoT apps. Its IoT platform collects a broad range of sensing information about people, objects, and the environment and provides a way to quickly respond to that data. In 2017, GE Digital acquired IQP Corporation and will integrate IQP code-free application development environment into its Predix platform for the Industrial Internet of Things.

Company Intelligence Q&A

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What is the primary business of IQP Corporation?
IQP Corporation provides an IoT and machine-to-machine development platform that enables the rapid, code-free creation of applications using a web-based visual programming interface.
When was IQP Corporation founded?
IQP Corporation was founded in January 2011.
What was the status of IQP Corporation as of July 2017?
In July 2017, IQP Corporation was acquired by General Electric and became inactive.
Which company acquired IQP Corporation and for what amount?
GE Digital acquired IQP Corporation for $40 million in July 2017.
What was the purpose of GE Digital's acquisition of IQP Corporation?
GE Digital acquired IQP Corporation to integrate its code-free application development environment into GE's Predix platform for the Industrial Internet of Things.
Where are IQP Corporation's offices located?
IQP Corporation had offices in Ramat Gan and Herzliya, Israel; Tokyo, Japan; and Palo Alto, California, USA.
How many employees did IQP Corporation have?
IQP Corporation had 2 employees.
Who is a co-founder of IQP Corporation?
Guy Kaplinsky is a co-founder of IQP Corporation.

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsProduct Development ToolsSoftware Development ToolsIndustrial TechnologiesOperational Optimization Solutions
Technologies
Sensing
Target customers
Government & CityMunicipalitiesIndustrial Manufacturing
Business model
B2GB2B

Highlights

Verified

Tags

sensorstelecommunicationiotsmart-cityapp-developmentsdkindustry-4-0iot-platform