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Wireless Logic Group acquires M2MBlue.

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TELECOMWORLDWIRE-February 19, 2019-Wireless Logic Group acquires M2MBlue

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Wireless Logic Group, Europe's IoT connectivity platform provider has announced the acquisition of M2MBlue, a M2M and IoT connectivity specialist with a focus on high-bandwidth applications, the company said.

Located in Enschede, Netherlands M2MBlue was founded in 2015, yet has already assembled an impressive suite of connectivity products which include hybrid solutions combining cellular, satellite and land connections to deliver end-to-end secure Internet services. Such technology is now being used within the travel sector including river cruisers and ocean liners to cater for the high data needs of passengers.

Annual usage levels typically reach hundreds of terabytes per deployment. M2MBlue has also built a growing base of more mainstream IoT connectivity uses including transport & logistics, in-vehicle applications and broadcast.

The acquisition by Wireless Logic Group for an undisclosed sum is the group's fifth in just four years. It is the first since Montagu Private Equity invested into the organisation earlier in June 2018...

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