Latest OTee News & Updates
See the latest news and media coverage for OTee. We track all announcements, press releases, and industry mentions in real time, all in one place.
Virtual programmable logic controller platform
otee.com- Headquarters
- Norway
- Founded year
- 2022
- Company type
- Private company
- Number of employees
- 15–50
Latest news about OTee
Company announcements
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OTee announces €5.3M funding round
The funding advances open, software-defined industrial control for easier integration, faster deployment, and scalable operations. Quote from Aker BP's Chief Digital Officer highlights the new approach.
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OTee raises €5.3M Seed Round
The funding, led by North Ventures, supports product development and international expansion of its software-defined control platform. Investors include Atlas SGR, RunwayFBU, Superangel, and Antler.
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OTee deploys Virtual PLCs for Norwegian operator
OTee's Virtual PLCs are deployed across four units, while the operator evaluates Beijer Electronics, KUNBUS, and Unipi hardware, achieving about 8,000 tag updates every 10 seconds.
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OTee announces field-proven EtherNet/IP live
The release supports Class 1 cyclic/deterministic connections, with diagnostics and upcoming UCMM/Class 3/Tag connections in the coming weeks.
Media coverage
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OTE buys back 529,588 shares for €9 million last week By Investing.com
ATHENS - Hellenic Telecommunications Organization S.A. (OTE) purchased 529,588 of its own shares between March 16 and March 20 for a total of €9,026,393.91, according...
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ARM Embedded Computer with OTee Virtual PLC for Industrial Automation
By leveraging ARMxy series efficiency and OTee’s flexibility, industries can overcome the limitations of traditional PLCs, achieving cost savings, scalability, and seamless IT/OT integration.
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Jose Almanza leaves Antler to lead OTee as operations chief, with a focus on global expansion and cybersecurity. Read more about his new role and OTees..
Jose Almanza leaves Antler to lead OTee as operations chief, with a focus on global expansion and cybersecurity. Read more about his new role and OTees...
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Top 10 promising Norwegian startups to watch out for in 2024!
Norway's shift from traditional industries like oil and gas to tech and innovation has propelled it into the spotlight as a rising star in...
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