San Jose,
Calif. and Toronto –
April 12, 2022

Innominds today announced the acquisition of connected worker platform provider Nymi. Nymi will become a wholly-owned independent subsidiary of Innominds, continuing to operate from its Toronto headquarters.

Nymi serves some of the world’s largest enterprises with deployments across 15 countries, including 9 of the top 10 global pharmaceutical manufacturers, as well as leading life sciences, healthcare, manufacturing, and financial services companies.

True Blue Partners was the exclusive financial adviser to Nymi, Inc in this transaction.

Divakar Tantravahi
Chairman and CEO,
Innominds

“ The Nymi platform offers an elevated security and user experience option for our customers in a seamless, connected world. Their workplace solution is ideal for the digital transformation environments we are building for our large, innovation-minded enterprise customers. Enabling digital maturity requires making technology interactions easier for the end-user through human-centric design. Nymi provides a unique and compelling offering to do exactly that. With the combined offerings from Nymi and Innominds, our customers will see accelerated benefits on their digital transformation journey that will lead to achieving strategic business outcomes.”

Dave Rai
CEO, Nymi

“ Innominds has a rich history of driving innovation and digital transformation across industries. Joining with them provides new opportunities for Nymi to help businesses take their next steps in the collective digital journey. We’re elated to be a part of a bigger team that can deliver a comprehensive breadth of solutions to our customers.”

Innominds is an AI-first, platform-led digital transformation and full-cycle product engineering services company headquartered in San Jose, CA. Innominds powers the Digital Next initiatives of global enterprises, software product companies, OEMs, and ODMs with integrated expertise in devices and embedded engineering, software apps and product engineering, analytics and data engineering, quality engineering, cloud and DevOps, and security. It works with ISVs to build next-generation products, SaaSify, transform total experience, and add cognitive analytics to applications.

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Nymi connects people and processes as a service with the Nymi Connected Worker Platform. Delivered through its secure wearable, the Nymi Band™, the platform unifies the workplace across multiple environments and networks by securing the point at which employee and technology converge. By moving identity to the secure edge, organizations are able to eliminate silos and gain a complete view of their business with new applications enabled exclusively through a connected worker approach. As part of its diverse, global customer base, Nymi serves the world’s largest enterprises with deployments across 15 countries.

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Innominds Acquires ‘Connected Worker Platform’ Provider, Nymi, to Make Technology Interactions Easier, Secure, and Faster

Today we are happy to announce that Innominds has acquired Nymi, a leading connected worker platform provider which serves some of the world’s largest companies with deployments across 15 countries. You can read the official announcement on our Innominds website, but we'd like to provide a little more background for you.

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In addition to acquiring an impressive technology portfolio and having skilled professionals join us, the addition of Nymi to Innominds gives us a Canadian delivery center for our global customers. Further, the strength of the two companies brings more vertical-focused user cases in construction, healthcare, logistics and transportation. Nymi also helps us expand the purview of the Digital Next to encompass strong enterprise security and user experience in our portfolio of platforms and devices.

While Nymi will operate as a wholly-owned subsidiary of Innominds, their offerings will be integrated into ours and ours into theirs. We expect this to provide even greater credibility as we move towards Industry 5.0, which is bringing about a paradigm shift in how people connect to technology. As the creator of a first-of-its-kind connected worker platform, Nymi provides a way for future-ready businesses to bring their employees into their digital transformation journey, which will inevitably evolve from the Internet of Things to the Internet of Everyone.

With undeniable synergies in human-centric design and innovation, together we believe we will deliver the true value of The Digital Next to our customers.