Telit Cinterion News
3 articles
growth-positive
Telit concludes acquisition of Thales' Cinterion IoT business
Telit has completed its acquisition of the cellular IoT unit of Thales, expanding its presence in the industrial IoT market. Thales will take a 25% stake in the expanded Telit business, which has been rebranded as Telit Cinterion. The combined entity aims to be a leading Western provider of IoT solutions, leveraging Thales expertise in IoT security. The acquisition enhances Telits ability to meet the growing demand for cybersecure IoT solutions and cellular connectivity.
Acquisition
growth-positive
Telit Acquires Mobilogix to Provide Custom IoT Project and Solution Design Services
Telit has announced the acquisition of group assets from Mobilogix, a California-based startup specializing in custom IoT solutions. The acquisition will allow Telit to expand in the growing IoT market and reduce complexity and time to market for new and existing IoT adopters. Mobilogix brings comprehensive device engineering expertise and resources to optimize specifications for manufacturing and regulatory approvals. Telit aims to build end-to-end custom solutions for its customers, leveraging its modules, connectivity, and platforms. Upon closing, Mobilogix will relocate to Telits new Irvine headquarters. Telit is also in the process of acquiring the Thales IoT Modules business. Telit is a global leader in IoT solutions, providing wireless communication modules, connectivity plans, software, and IoT platforms.
Partners
growth-positive
Telit Opens New Corporate Headquarters in California to Serve Rapidly Growing Market and Key Customers
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. The Irvine location is now open and operating.
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