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ARBB vs VEEA

ARB IOT Group Limited Ordinary Shares and Veea Inc. Common Stock

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ARB IOT Group Limited Ordinary Shares

ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services in Malaysia. It offers IoT smart home and building solutions, such as design, procurement, and provision of smart home products and devices; integration services; and electrical wire installation and home data network setup for homeowners, as well as provides smart building solutions, including design, procurement, installation, testing, pre-commissioning and commissioning of various IoT systems, solutions, and devices; and integration of automated systems for smart buildings, including installation of wire and wireless, and mechatronic works for property developers and contractors. The company offers IoT smart agriculture solutions, such as designing the layout of the smart farm for the application and integration of IoT in farming and hydroponics, which includes the procurement of sensors and surveillance cameras, as well as other hardware for farm; designing of software to enable transfer of data from the smart farm to a cloud server, which can then be accessed remotely through smart devices; installing, testing, and commissioning of the hardware and software; and after-sales services comprising data analytics and periodic maintenance services. In addition, it provides IoT system development solutions, including procuring, supplying, and delivering industrial building systems for construction projects. The company was incorporated in 2022 and is based in Singapore, Singapore.

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Veea Inc. Common Stock

Veea Inc. provides edge computing and communications devices, applications, and services hosted on its edge Platform-as-a-Service (ePaaS). The company offers Veea Edge Platform ePaaS, an end-to-end platform that is both locally- and cloud-managed. Its VeeaHub products include converged computing and communications indoor and outdoor devices; and a Wi-Fi Access Point for networking and computing solutions for AI-assisted applications and solutions where people, places, and things connect to the network, as well as Linux server with a virtualized software environment, supporting patented secured docker containers, a Wi-Fi Access Point with a mesh router, a firewall, an IoT gateway, NVMe data storage, and 4G/5G modules. The company also offers VeeaWare, an edge operating system and companion tools; and VeeaCloud, a cloud native system that underpins the easy deployment of hardware and software. In addition, it focuses on fixed-line or 5G-based fixed wireless broadband access; and subscription-based managed Wi-Fi for unserved/underserved communities. Additionally, the company provides broadband or Internet connectivity services offered with various edge applications and value-added services, including advanced AI-driven cybersecurity through mobile network operators, multiple system operators, internet service providers, and other managed service providers. It serves climate smart buildings, smart farming with precision agriculture, smart warehouses, and smart retail as cloud-managed converged private networks applications. The company was founded in 2014 and is headquartered in New York, New York.

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