logo
logo

Telit Acquires Mobilogix To Provide Custom Iot Project And Solution Design Services

Aug 26, 2022almost 3 years ago

Acquiring Company

Telit

Acquired Company

Mobilogix

IrvineWirelessHardwareInformation TechnologySoftware

Description

Telit, a global leader in the Internet of Things (IoT), today announces the acquisition of group assets from Mobilogix, a California-based startup company specializing in custom IoT solutions worldwide. The acquisition allows Telit to expand in the growing segment of new and existing IoT adopters that want to reduce complexity and time to market. The acquisition adds comprehensive device engineering expertise and resources that focus on optimizing specifications for handoff to electronic manufacturing services, original device manufacturing, and the attainment of regulatory approvals and carrier certifications. For more information on Mobilogix, visit: https://www.mobilogix.com/.

Company Information

Company

Telit

Location

Irvine, California, United States

About

We help our customers and partners who require best-in-class Internet of Things (IoT) performance. Our engineering practices and design methodologies exceed stringent environmental requirements and industry standards. Our IoT experts have pioneered an end-to-end system approach to ensure everything works together when connecting devices. We enable businesses to manage IoT devices, connectivity and everything in between.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed