M&A Deal Summary |
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---|---|
Date | 2016-02-18 |
Target | Novatel Wireless - Telematics business |
Sector | Communications |
Buyer(s) | Tingo Group |
Sellers(s) | Inseego |
Deal Type | Divestiture |
Deal Value | 24M USD |
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Category | Company |
---|---|
Founded | 2002 |
Sector | Technology Hardware |
Employees | 797 |
Revenue | 146M USD (2022) |
Tingo Group is a designer, developer, manufacturer, and marketer of rugged mobile computing devices that provide fleet operators and field workforces with computing solutions in challenging work environments. Tingo Group was founded in 2002 and is based in Montvale, New Jersey.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Communications) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2016) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-01-02 |
Enertec Systems
Karmiel, Israel Enertec Systems Ltd. is a manufacturer of specialized electronic systems for the military market. Enertec Systems was founded in 2001 and is based in Karmiel, Israel. |
Sell | $5M |
Category | Company |
---|---|
Founded | 1996 |
Sector | Technology Hardware |
Employees | 331 |
Revenue | 196M USD (2023) |
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 | 1 of 2 |
Sector (Communications) | 1 of 1 |
Type (Divestiture) | 1 of 2 |
Country (United States) | 1 of 2 |
Year (2016) | 1 of 2 |
Size (of disclosed) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-10-05 |
DigiCore Holdings
Pretoria, South Africa DigiCore Holdings specializes in vehicle tracking, fleet management and insurance telematics for a global client base in 54 countries. DigiCore's 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. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-04-11 |
Novatel Wireless - IP and Cellular Module Products
United States Novatel Wireless - IP and Cellular Module Products is a provider of communication equipment products. |
Sell | $15M |