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Wheelings and Dealings: Sierra Wireless Acquires MobiquiThings

By Ken Briodagh June 24, 2015

Sierra Wireless and MobiquiThings, a mobile virtual network operator in Europe, recently announced that Sierra will acquire MobiquiThings, with the deal closing in August for about $15.6 million.

“The purchase of MobiquiThings further accelerates our device-to-cloud strategy and is highly complementary to our acquisition of Wireless Maingate completed in January,” said Jason Cohenour, President and CEO, Sierra Wireless. “MobiquiThings has a highly advanced core network and technology platform, as well as a rapidly expanding customer base. MobiquiThings will be tightly integrated with Maingate and our AirVantage cloud to provide a leading-edge managed connectivity service for pan-European customers.”

MobiquiThings is focused on managed connectivity services for the IoT, with broad segment experience in the energy, transportation, security, retail, and healthcare markets. The company has more than 75 customers and more than 100,000 wireless connectivity subscribers.

Image via Shutterstock

“Since founding the company in 2010, we have been focused on developing an advanced wireless connectivity platform, including a secure and resilient mobile core network platform, integrated information systems and seamless best-in-class multi-operator connectivity,” said Cyril Hullin, co-founder and CEO, MobiquiThings. “As we rapidly grow our position in the IoT market, we are very excited to be able to combine our technology and service offerings with Sierra Wireless, given the strong strategic fit between the companies.”

This is yet another sign that the IoT is consolidating rapidly into a group of multi-faceted non-specific, service platform companies. And that’s very likely a good thing. 




Edited by Maurice Nagle
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