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IoT connectivity platform provider Wireless Logic has extended its European network and boosted its mobile credentials with the acquisition of France-based Matooma, best known as a player in the cellular IoT connectivity space. The financials of the deal were not disclosed.
The transaction is Wireless Logic’s third major purchase in 2019 and follows deals with Netherlands-based M2MBlue and SIMPoint in February and June.
“Over the coming months our integration programme will enable the group to enhance our connectivity platform solutions to which Matooma will play a significant role, particularly within its core markets," said Oliver Tucker, Group CEO of Wireless Logic.
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