🚀 Surge Acquires Majority Stake in IDEA8 to Launch Surge Robotics

• Strategic Expansion: Sri Lanka-based enterprise software firm Surge has acquired a majority stake in IoT and embedded systems firm IDEA8, launching Surge Robotics to advance industrial automation, intelligent hardware, and connected manufacturing. • Core Capabilities: Merges Surge’s AI and cloud infrastructure with IDEA8’s expertise in sensors, edge computing (STM32, Raspberry Pi, NVIDIA Jetson), and industrial IoT to digitize legacy physical machinery. • Key Sectors: Focuses initially on apparel & textiles, manufacturing, warehousing, and logistics, offering solutions like predictive maintenance, computer vision, asset tracking, and factory automation. • Footprint & Clients: Leverages IDEA8’s 40+ engineering team and existing deployments across Sri Lanka, India, Singapore, Thailand, Spain, and South Korea, including projects with Uniqlo, MAS, and Brandix. • Leadership: IDEA8 continues under founder Chanaka Prasad. Advisory board additions include MIT-educated tech expert Henry Wu and global capital markets veteran Sarath Sathkumara as an advisor and minority investor.