Freedom IoT Joins Banyan Software, Combining with The Lake Companies to Expand Shop-Floor Intelligence for Manufacturers

Banyan Software, a long-term acquirer and operator of mission-critical software businesses, is pleased to announce that Freedom IoT, a machine intelligence and OEE platform for discrete manufacturers, has joined its portfolio and is combining with The Lake Companies, a manufacturing software developer and Infor Gold Partner. The combination brings Freedom’s real-time machine intelligence together with Lake’s shop-floor software, advancing Lake’s vision of a single integrated platform that runs the manufacturing shop floor. Freedom IoT will continue to be supported and grown for its existing cu