US Company Telit has announced that it has completed the acquisition of France-based Thales' Cinterion® line of IoT products and services, announced in July 2022.
Combining the strengths of Telit and Thales IoT brings together some of the best R&D and IoT talent globally and reinforces our innovation capabilities built on three decades of leading IoT technologies.
For global customers and partners this means direct access to a growing array of mission critical cybersecure IoT products, services and solutions, essential to continued success in both new and existing markets.
The transaction includes Thales’ portfolio of cellular wireless communication modules, data (modem) cards, and gateways, ranging from 4G LTE, LPWAN to 5G, and IoT services; and establishes Telit Cinterion as the leading Western provider of IoT solutions, expanding our presence in growing industrial IoT segments including energy, e-health, security, telematics & tracking, and mobile broadband.
