The SoftBank, NEC, Salesforce, Mitsui, NGK Spark Plug and Dentsu-backed IoT orchestration software provider is reportedly seeking a valuation higher than $270m in the offering.

Japan-based internet-of-things (IoT) platform developer Uhuru, which counts several corporates among its investors, will target $50m in its UK initial public offering, Reuters has reported, citing an undisclosed source. Uhuru is the developer of a software platform called Enebular that orchestrates an organisation’s IoT activities, connecting IoT and edge devices to cloud offerings, and supporting…

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