Telit, with more than two decades of innovation in the IoT space, delivers secure, integrated IoT solutions for enterprises, OEMs, system integrators and service providers worldwide. Upon the conclusion of regulatory approvals and closing conditions of the acquisition of the Thales IoT Modules business announced in July, Telit will become Telit Cinterion.
Telit also sought to expand in the growing segment of new and existing IoT adopters that want to reduce complexity and time to market. To do so, the company acquired group assets from Mobilogix, a California-based startup company specializing in custom IoT solutions worldwide.
The acquisition will add 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.
"Bringing solutions together with all Telit modules, connectivity and platforms makes custom design much more efficient for our large and small customers to get to market,” said Mathi Gurusamy, CEO of Mobilogix. “As part of Telit, we can create these projects faster and reach a much larger market."
Mobilogix started as a systems integrator in the technology convergence space of the IoT and machine-to-machine communication. Mobilogix began its latest phase with a switch to a solution-centric business model. The company recognized the need for end-to-end solutions and expanded to include hardware, software and cloud services to bring real-time visibility and actionable data to customers in various industries
“The addition of the Mobilogix expertise in design and industrialization gives us the ability to build end-to-end custom solutions — fully utilizing all our offerings — for our customers so they can focus on their business and objectives," said Paolo Dal Pino, CEO of Telit.
Upon closing, Mobilogix, based in Irvine, California, will relocate personnel and offices into Telit's new Irvine headquarters.
Edited by
Erik Linask
