Affluence Corporation (AFFU)

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What Is MTi – Mingothings International?

MTi (Mingothings International) is a Barcelona-based technology integrator specializing in IoT solutions, smart city platforms, and digital transformation services. They offer consulting, system integration, hardware and software solutions to help industries and municipalities modernize and optimize operations. Their core areas include smart cities, mobility, sustainability, security, and industrial IoT. ? ?

Key Highlights:
• Global Reach, Barcelona Headquarters: MTi operates internationally, with their main office located in Barcelona, Spain. ? ?
• Technology Expertise: They deliver IoT platforms (e.g., thethings.iO), edge gateways like Metering Box, and industrial analytics—optimized for predictive maintenance, smart city monitoring, energy management, and digital twin applications. ?
• Clientele & Industries: Their work spans manufacturing, government, utilities, infrastructure, urban management, and more—all with a strong focus on enhancing operational efficiency and smarter data-driven decisions. ? ?

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The “USA” Angle: Is There a US Presence?
• Dell Partnership: MTi is a recognized partner in Dell Technologies’ NativeEdge ecosystem, offering integration with Dell Edge Gateways and PowerEdge servers—showing indirect US-facing activity. ?
• Acquisition by Affluence Corporation: In December 2024, Affluence Corporation (based in Oak Brook, Illinois, USA) announced a definitive agreement to acquire Mingothings SLU. This marks a strategic push to combine MTi’s IoT solutions with Affluence’s smart city and AI capabilities via OneMind Technologies. Closing is anticipated in Q1 2025. ? ?


Aspect
Details
Company Name
MTi (Mingothings International)
Headquarters
Barcelona, Spain
Core Services
IoT platforms (like thethings.iO), edge gateways (Metering Box), digital twins, analytics
Industries Served
Manufacturing, energy, smart cities, transportation, utilities, infrastructure
US Connection
Partnered with Dell (NativeEdge); acquired by US-based Affluence Corp
Strategic Outlook
Becoming part of Affluence/OneMind enhances presence in US and beyond