Panorama Synergy Limited announced that it has entered into a binding agreement to acquire the business of Hydrix Group Pty Ltd. and its related bodies corporate (Hydrix). Mark Brydon the owner and founder of Hydrix is to join PSY as a member of its senior executive team, and will remain as CEO of the Hydrix business, fully committed to the company's growth strategy in product engineering, and the global sensor and IoT markets. Mark will report to the Board of Hydrix.