BuildingIQ: mCloud Looks to Expand AssetCare Capabilities with BuildingIQ Deal

mCloud Technologies Corp. (TSXV:MCLD) (OTCQB:MCLDF), a leading provider of asset management solutions, combining IoT, artificial intelligence, cloud computing, and analytics, today announced that it has signed an Expression of Interest (EOI) to acquire Australian firm BuildingIQ (ASX: BIQ), a cloud-based building technology provider that uses IoT and AI to create energy savings and maximize building efficiency.Opportunity for Excellent Synergies and Southeast Asia ExpansionWhile the EOI is non-binding and subject to a period of due diligence, the potential acquisition does represent an opportunity for excellent synergies between the firms, as well the possibility for mCloud ...Read The Full Article On MicroSmallCap.comGet early insight on hidden secret gems on MicroSmallCap. Follow Crypto, Mining, Cannabis and Energy stocks and get free research reports here.All content provided by MicroSmallCap is subject to our Terms Of Use and Disclaimer.