Dec 27, 2020
Wireless Logic acquires Arkessa, securing its IoT leadership position
Announcing the acquisition of Arkessa Ltd to further strengthen our market position.
This marks the latest step in our business expansion following the recent acquisition of European companies Datamobile AG and New Line Mobile BV. Backed by Montagu, we have acquired Arkessa from growth-focused private equity firm, ECI Partners, with the sale completed on Wednesday 9th December.
Based in the United Kingdom, Arkessa is a leading global IoT cellular connectivity services provider, delivering a range of services and solutions through a multi-network capability spanning across the world. Its 50-person team is made up of IoT and M2M experts specialising in the integration of multiple networks and emerging wireless technologies through a single managed service. Arkessa’s growth to date can be attributed to the delivery of flexible, reliable and simplified services that empower enterprises to develop and optimise their business operations.
Read the full article here
NEWS & INSIGHTS