Blackline Safety Corp. announced it has acquired Ontario-based Swift Labs Inc., an Internet of Things (IoT) design and engineering consulting firm.
“I am excited to welcome Swift Labs and its people to the Blackline Safety team. Over the last three years of working with Swift Labs, they have proven to be the right partner to help us accelerate our connection of the industrial workplace,” said Cody Slater, CEO and chair of Blackline Safety. “Swift Labs will accelerate the advancement of our product roadmap, while also providing additional capacity to seek further opportunities to connect un-connected hardware throughout the industrial workplace.”
The acquisition of Swift Labs advances Blackline’s strategy to connect workers through technology by enhancing the company’s industry-leading product development expertise. It will enable Blackline to accelerate its pace of innovation by expanding its product development capacity.
Founded in 2014 by technology experts from Blackberry, Nortel and Apple, Swift Labs leverages its deep technical talent across all aspects of wireless product design and development to help companies connect their products to the cloud. Swift Labs has provided end-to-end service from product design, testing and delivery to customers in global markets.
“The acquisition of Swift Labs positions us to better serve our global customers and help them redefine the future of industrial work through technology,” added Slater.
Blackline’s suite of products and data analytics connects workers through location-enabled wearable devices and cloud-connected monitoring to help its customers drive towards zero safety incidents, improved performance, greater productivity and a stronger ESG profile.
“I’m thrilled to have found such a strong synergy with Blackline Safety with overlapping values, cultures, growth strategies and commitment to ESG policies,” said Lara Swift, founder and CEO of Swift Labs. “Joining forces with a global market-leading company like Blackline will maximize the reach of our products and services, while ensuring that the nation’s top tech talent remains in Canada — one of the reasons I founded this business.”
Slater added, “The acquisition of Swift labs will not only bring us a highly experienced, talented team of IoT professionals, but also a range of monitoring products that will strengthen Blackline’s overall portfolio after integration.”
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