Welcome to our dedicated page for Affluence news (Ticker: AFFU), a resource for investors and traders seeking the latest updates and insights on Affluence stock.
Affluence Corporation (AFFU) is a diversified global technology holding company focused on smart city and industry software, smart infrastructure, Industrial IoT, AI, 5G, edge computing, and security software solutions. The AFFU news feed highlights how the company and its subsidiaries execute on this strategy through contracts, partnerships, acquisitions, and technology initiatives.
Recent news has featured Affluence’s portfolio companies MTi (Mingothings) and OneMind Technologies across Smart City, Industrial IoT, and security infrastructure projects. Examples include MTi’s role in a smart city management platform in Medini, Malaysia, industrial digitalization contracts involving IoT sensor deployments for crane systems, and participation in event technology projects that apply intelligent virtual assistants, privacy modules, and contextual AI in physical venues.
Affluence also reports on strategic partnerships and corporate developments. MTi has announced a partnership with Aerodyne Group, combining IoT and smart city platforms with drone-based enterprise solutions and AI-powered data analytics. Company communications further cover Affluence’s acquisition strategy, such as a letter of intent to acquire a telecommunications and enterprise connectivity provider, and updates on its efforts to build a roll-up platform for next-generation infrastructure technologies.
Investors and observers following AFFU news can expect coverage of smart city deployments, Industrial IoT contracts, AI and edge computing initiatives, acquisition and capital structure updates, and white papers outlining the company’s thesis for decentralized, AI-native infrastructure. This page aggregates those announcements so readers can track how Affluence and its subsidiaries pursue smart infrastructure and IoT opportunities in markets across Europe, Asia, Central Africa, Southeast Asia, and the United States.
Affluence Corporation (OTC PINK:AFFU) has appointed Rohan Chanmugam as CEO of Affluence Global, John McElligott as COO, and Peter Cummings as CFO. This leadership change comes on the heels of the acquisition of OneMind Technologies and two pending acquisitions in edge computing and nano-cloud markets. The new management brings over 90 years of collective experience in telecom and technology. Chanmugam expressed excitement about leveraging growth opportunities in smart city and edge computing solutions, stating their potential impact on various industries.
Affluence Corporation (AFFU) has completed a definitive agreement to acquire the OneMind Smart City Software business unit from Worldsensing, establishing OneMind technologies S.L. as a wholly owned subsidiary. This acquisition aims to strengthen Affluence's IoT and 5G strategies, enhancing smart city management through improved data-driven insights for mobility and security. The technology is already integrated into solutions offered by multiple Fortune 50 companies. This move positions Affluence for future growth in the evolving Edge Cloud and IoT markets.