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Nymi acquired by Innominds in cross-border transaction
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On April 12, 2022, Innominds Software Inc. announced the acquisition of connected worker platform provider Nymi Inc. Nymi will become a wholly owned independent subsidiary of Innominds, continuing to operate from its Toronto, Ontario headquarters.
Nymi serves some of the world's largest enterprises with deployments across 15 countries. 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.
Innominds is an AI-first, platform-led digital transformation and full-cycle product engineering services company headquartered in San Jose, California. 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.
Gowling WLG was counsel to Nymi in this transaction with a team that included Alan James, Joseph McDonald and Angelica Wilamowicz (corporate/M&A), Neena Gupta (employment) and Paul Carenza (tax).
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