Wireless Logic, the global IoT connectivity platform provider, has acquired Mobius Networks for an undisclosed sum. Mobius is a mobile virtual network operator, providing data connectivity services for Internet-of-Things (IoT) and Machine-to-Machine (M2M) applications. The agreement marks the latest step in Wireless Logic’s business expansion following the recent acquisition of Jola.
Formed in 2004 and headquartered in Leicestershire, Mobius began as Vodafone’s preferred distributor for M2M Data SIMs for local government and smart cities. This has now expanded to other global operators and a broader set of sectors, including critical national infrastructure, healthcare, and retail. At the core of the Mobius offering has been high availability, high security and a focus on excellent customer service. NVM Private Equity financed the management buyout of Mobius in 2019.
“The IoT and M2M operations market is growing rapidly, and Mobius has developed a stellar reputation and strategic position to capitalise on this growth,” said Wireless Logic CEO, Oliver Tucker. “With Mobius onboard, the Wireless Logic Group will benefit from the deep expertise within the business and a much stronger position when targeting the public sector. We are very excited by this acquisition and look forward to working closely with the talented team at Mobius.”