Wireless Logic enhances its European presence by acquiring Things Mobile, a rapidly growing IoT connectivity provider based in Milan.
Information on the Target
Things Mobile, based in Milan, is a managed service provider specializing in IoT connectivity solutions for international clients. Since its inception in 2017, the company has rapidly expanded, driven by a low-touch digital sales and service model that effectively addresses the connectivity needs of various market segments. Offering a diverse range of IoT applications, Things Mobile has successfully positioned itself as a significant player in the connectivity domain.
With a client portfolio that includes major players in the burgeoning energy, eHealth, and micro-mobility sectors, Things Mobile stands to benefit significantly from being part of Wireless Logic. The company aims to leverage new opportunities for growth and innovation under Wireless Logic's extensive resources and support, ensuring continued service excellence for its customers.
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Industry Overview in Italy
The IoT industry in Italy has experienced significant growth, driven by advancements in technology and increasing market demand for connectivity solutions. As digital transformation accelerates across various secto
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Wireless Logic
invested in
Things Mobile
in 2021
in a Buy & Build / Roll-Up deal