Mingothings and Affluence Corporation Join Forces to Drive the Future of Smart Cities and IoT

A Strategic Acquisition to Accelerate Global Growth and Innovation

Mingothings has signed a definitive agreement to be acquired by Affluence Corporation, a leading IoT and Smart City technology company. This strategic acquisition represents a powerful step forward in our mission to enable smarter, more connected cities and industries through cutting-edge IoT and data analytics solutions.

Based in Barcelona, Mingothings has long been recognized as a trusted leader in integrated IoT technologies. Our platforms and services are designed to enhance operational performance, sustainability, and digital transformation across key sectors such as mobility, smart buildings, energy, and public safety.

Now, in collaboration with OneMind Technologies(OMT) — a wholly owned subsidiary of Affluence — we are entering a new phase of opportunity, innovation, and global scale.

Unlocking Synergies Between Mingothings and OneMind Technologies

OneMindNG platform is a game-changer in the smart city and industrial space. By integrating real-time data from multiple systems into a unified dashboard or “Hypervisor,” it empowers cities and organizations to make faster, smarter decisions.

Through this partnership, Mingothings’ advanced IoT integration capabilities will complement OneMind Technologies’ powerful AI-driven analytics and visualization tools.

Together, we will deliver enhanced predictive and prescriptive analytics that guide users with actionable insights — from anticipating future outcomes to optimizing day-to-day operations.

Our rapid device onboarding technology and open, adaptable IoT architecture make it possible to deploy scalable and cost-effective solutions, aligned with OMT’s mission to build intelligent, responsive environments.

Mingothings and Affluence Corporation's Shared Vision for the Future of Smart Infrastructure

As part of the Affluence Corporation ecosystem, we will have the resources and strategic alignment needed to expand our impact and reach. This move positions Mingothings to access a larger network of global partners, resellers, and customers — while reinforcing our commitment to technical excellence and agile delivery.

According to market research by Fortune Business Insights, the global smart city and connected industry IoT market is expected to grow from $768 billion in 2024 to more than $4.6 trillion by 2032. With this acquisition, Mingothings and OneMind Technologies are uniquely positioned to lead this transformation — offering an end-to-end solution stack that addresses both the technological and strategic needs of our customers.

Continuity, Leadership, and Long-Term Growth

The agreement, which includes the exchange of Mingothings’ equity for preferred shares of Affluence Corporation, ensures that our leadership team remains deeply involved in shaping the future of the group. We are also excited to welcome William E. Gonyer as the new CFO of Affluence, who will help guide the group’s financial and operational scaling.

“This is an exciting new chapter for Mingothings,” said Francesc Domingo, CEO of Mingothings. “Our ambition is to work hand-in-hand with OneMind Technologies to push the boundaries of IoT and enable any organization — from public administrations to global enterprises — to run smarter, more efficient operations.”

Looking Ahead

At Mingothings, we have always believed in the power of collaboration and innovation to create meaningful change. This acquisition is the beginning of a new chapter. Together with Affluence and OneMind Technologies, we are building the future of connected intelligence.

Stay tuned as we continue to share updates, insights, and new solutions that will help shape the next generation of smart cities and digital transformation.