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Home › Telit Acquires IP And Cellular Module Products From Novatel Wireless

 

Telit Acquires IP And Cellular Module Products From Novatel Wireless

2016-04-19 09:42:55| wirelessdesignonline News Articles

Telit Communications PLC, a global enabler of the Internet of Things (IoT), has agreed to acquire several cellular module product lines, related IP and related assets from Novatel Wireless, Inc., for an initial cash purchase price of $11M and conditional earn-out consideration, which Telit expects to be non-material (the “Acquisition”).

Tags: products wireless module cellular

Category:Telecommunications

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