Telit acquires GainSpan to extend end-to-end IoT solutions reach
February 1, 2017
Telit acquires GainSpan to extend end-to-end IoT solutions reach
This is an exciting time for Telit as we add more capabilities and assets to our business. Telit has entered into a merger agreement to acquire GainSpan Corporation. This marks a pivotal point for Telit, demonstrating our collective commitment to provide value-rich IoT solutions. Telit will integrate the GainSpan business including engineering and support staff into Telit’s global organization, enhancing our IoT solutions offerings, R&D and tech support expertise. Our teams from both businesses stand ready to work with you to ensure a smooth transition as we begin the integration process.
With GainSpan, Telit will look to deliver complete solutions for the growing market of battery powered devices, leveraging the ubiquity of Wi-Fi, and expanding Telit Short-range solutions to better address segments like building management, healthcare, smart home and cities, as well as enhancing the offering to existing customers, mainly in the telematics and security segments. The acquisition complements Telit’s existing products and services, which include cellular, BT/BLE and GNSS modules, IoT connectivity and IoT platform, providing Telit with all the necessary capabilities to enable our customer to build their IoT Solutions.
It is important for us to make a clear and fully committed statement that this integration will be smooth with no disruptions to your business. If you have questions, please feel free to contact your usual sales, marketing, or support contact at either Telit or GainSpan. We are also providing you a specific email address that you can use to communicate any questions or make any inquiries regarding the acquisition and the way forward. Please direct your questions to us via e-mail to: GainSpan@telit.com.
We are extremely excited about the opportunities that will open as we integrate this special Wi-Fi technology into Telit.