M&A Deal Summary |
|
|---|---|
| Date | 2016-04-11 |
| Target | Novatel Wireless - IP and Cellular Module Products |
| Sector | Technology Hardware |
| Buyer(s) | Telit Communications |
| Sellers(s) | Inseego |
| Deal Type | Divestiture |
| Deal Value | 15M USD |
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| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Technology Hardware |
| Employees | 820 |
| Revenue | 344M GBP (2020) |
Telit Communications is a provider of an integrated products and services for end-to-end IoT deployments – including cellular communication modules in all technologies, GNSS, short range wireless modules, IoT connectivity plans and IoT platform services. Telit Communications was founded in 1986 and is based in London, the United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 3 |
| Year: 2016 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-01 |
GainSpan
San Jose, California, United States GainSpan Corp. is a wireless connectivity solution provider that specializes in the design and development of ultra-low power Wi-Fi technology. GainSpan manufactures and commercializes chips and modules for battery-powered devices and related intellectual property (IP) with embedded software, including network stacks and application reference designs. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Technology Hardware |
| Employees | 218 |
| Revenue | 191M USD (2024) |
Inseego is a provider of wireless broadband access solutions for the worldwide mobile communications market. Inseego was founded in 1996 and is based in San Diego, California.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 3 |
| Country: United States M&A | 2 of 2 |
| Year: 2016 M&A | 2 of 2 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-18 |
Novatel Wireless - Telematics business
United States Novatel Wireless - Telematics business is a provider of communication services. |
Sell | $24M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-25 |
Ctrack
Centurion, South Africa Ctrack specializes in vehicle tracking, fleet management and insurance telematics for a global client base in 54 countries. Ctrack brand is recognized as a world-leading provider of advanced machine-to-machine communication and telematics solutions that adds value to this global base of customers with mobile assets. Ctrack is based in Centurion, South Africa. |
Sell | - |