Telit Wireless Solutions Acquires Motorola Solutions' M2M Modules Business Unit

By Anil Sharma March 03, 2011

Telit Wireless Solutions has completed the acquistion of Motorola Solutions' M2M modules business unit for a total of $23.0 million.

An additional $3 million will be spent on inventory in relation to the newly-acquired product line over the coming months.

As per the pact, all existing Telit and Motorola products will be maintained and available as originally planned by the separate entities.

Telit will continue to support and develop all products as needed, including the G24 family, G24-Light, G30 and C24.

Currently Telit is in the final stage of transferring all Motorola M2M activities to the global Telit organization.

“We found an excellent team of greatly skilled and highly motivated workforce and welcome them to the Telit family. Currently we see a multitude of companies from all vertical industries stepping into the M2M market or expanding their existing M2M businesses,” said Oozi Cats, CEO of Telit, in a statement.

Cats said that the growing organization is well-prepared to support and accelerate this rapid market growth by delivering the cutting-edge technology and premium support needed to create innovative solutions.

Telit Wireless Solutions, a subsidiary of Telit Communications PLC, is a specialist in wireless machine-to-machine (M2M) technology.

Telit claims to be the only company worldwide to offer communications modules for all of the various wireless technologies: it develops, produces and markets modules for GSM/GPRS, UMTS/WEDGE/HSDPA, CDMA and Short-Range RF applications.

IoTevolutionworld in April 2010 reported that Telit Wireless Solutions and Eurocomposant signed a distribution contract. Eurocomposant is a distributor of semi-conductors, displays and embedded products and solutions in France. The company’s main focus is on markets such as transport and logistics, security and digital signage. The newest agreement calls on Eurocomposant to distribute Telit’s M2M solutions and support the module manufacturer in further expanding its position on the French market.

Telit modules are expected to be actively distributed to its existing customers, but it will also target new customers in the embedded market in equal measure. Additionally, Eurocomposant customers are expected to receive access to Telit’s M2M technology as well as they can benefit from the manufacturer’s R&D capacities.

Anil Sharma is a contributing editor for IoTevolutionworld. To read more of his articles, please visit his columnist page.

Edited by Tammy Wolf

IoTevolutionworld Contributor

Related Articles

Beyond the Closet, Connecting to IoT

By: Gary Audin    11/11/2020

Two challenges arise when considering cable based IoT.

Read More

Banyan Security Enhances Secure Remote Access for Engineering Resources

By: Ken Briodagh    10/27/2020

Banyan's Continuous Authorization Can Grant or Revoke Access to Sensitive Engineering Environments and Applications in Real-time Based on TrustScore

Read More

Senet Eyes RAN Partnerships as Key to Delivering Network Services for Massive IoT

By: Arti Loftus    10/21/2020

To meet the challenges that come with providing network connectivity for IoT solutions, Senet is executing a strategy for massive IoT that will be bui…

Read More

mimik Selected by 5G Open Innovation Lab to Drive Early Adoption of 5G

By: Ken Briodagh    10/15/2020

mimik's patented Hybrid Edge Cloud platform will boost the performance and reduce the cost of 5G Networks

Read More

5G Sets New Standards for Vertical Industries' IoT Connectivity

By: Special Guest    10/13/2020

As 5G rolls out across the world, vertical industries across IoT are working on additional standards to make the technology suitable for their industr…

Read More