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Telit is a global leader in IoT solutions, providing wireless communication modules, connectivity plans, software, and IoT platforms.","partners":["Mobilogix"],"customers":null,"investors":null,"confidence":8,"key_topics":["IoT","acquisition","expansion","custom solutions","regulatory approvals"],"date_of_event":"July 29, 2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"MsJa9txUdtNVFoyAmpQo0b4xKN9AIA15uTu3ND9hPUc5MQ2ECQJDlh","news_summary":"Telit Acquires Mobilogix to Provide Custom IoT Project and Solution Design Services","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"M1EreE8t6WakPZUjntvyVt2GynQRTVBPVdhxa2LWGe7Gavxz5rvYTW","date":"Jul 14, 2022","link":"https://www.prnewswire.com/news-releases/telit-opens-new-corporate-headquarters-in-california-to-serve-rapidly-growing-market-and-key-customers-301567033.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"expansion","company":"Telit","layoffs":null,"summary":"Telit, a global enabler of the Internet of Things (IoT), has announced a new global corporate headquarters in Southern California. The move is part of Telits strategy to grow its connected devices and solutions business worldwide. The new headquarters in Irvine will also support key projects and customers in the region. Telits expansion includes offices in Illinois, Florida, and North Carolina. The company aims to strengthen its market position as a leading player in the IoT connected devices and solutions arena. Telit provides enterprises with device management and connectivity solutions for various industries, including smart cities, transportation, manufacturing, automotive, retail, and healthcare. 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