Telit further bolsters its IoT portfolio with Mobilogix acquisition

Telit is further bolstering its IoT portfolio with the acquisition of group assets from California-based startup Mobilogix.

Mobilogix specialises in custom, global IoT solutions. Telit expects the acquisition will enable it to reduce the complexity and time-to-market of deploying IoT solutions.

"From Fortune 500 to start-ups, companies adopting IoT prefer to start from a business idea or a vision and turn them directly into viable, competitive, ready-to-launch devices...