IoT Market Tracker

Wireless Logic (through its Arqia business) signed an agreement to acquire Algar Telecom’s IoT connectivity business in Brazil. The deal was announced August 11, 2026 and will fold Algar’s IoT assets and operations into Arqia upon completion; financial terms were not disclosed.

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On July 21, 2026, KORE announced the successful completion of its acquisition by affiliates of Searchlight Capital Partners and Abry Partners. KORE said its common stock would cease trading before market open and be delisted from the New York Stock Exchange, while the global IoT connectivity, solutions, and analytics provider began operating as a private business. The company described the transaction as a new ownership chapter intended to provide flexibility for long-term investment.

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Wireless Logic announced on July 10, 2026 that it has completed the acquisition of SIMETRY, a Houston-based managed IoT connectivity business (previously part of Stallion Infrastructure Services). The deal expands Wireless Logic’s North American footprint and incorporates SIMETRY’s US-based technical support, multi-carrier SIM management and IoT provisioning capabilities into Wireless Logic’s global platform.

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Wireless Logic acquired Zipit Wireless, a South Carolina-based multi-carrier IoT connectivity and subscription billing provider whose white-labelled billing platform has supported over $45 million in subscription revenue for OEM clients. The deal — Wireless Logic's first acquisition of a US-headquartered company — also brought Canadian subsidiary Mtrex Networks, extending the group's North American footprint. Terms were not disclosed.

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Wireless Logic acquired Arqia, a Brazilian IoT MVNO providing multi-network cellular connectivity and managed IoT services across Brazil. Terms were not disclosed. The acquisition marked the UK-based IoT connectivity group's entry into Latin America, adding local carrier agreements and regulatory standing in one of the world's largest IoT growth markets.

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Wireless Logic acquired Webbing, an Israel-founded provider of global eSIM and multi-network data connectivity for enterprises, travel and IoT deployments. Terms were not disclosed. Webbing's eSIM orchestration platform and worldwide carrier agreements extended the group's footprint beyond its European heartland.

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IoT connectivity provider KORE agreed to acquire Twilio's IoT business unit — including its Super SIM multi-network eSIM platform and roughly 10,000 customer accounts — in an all-stock deal that gave Twilio a stake in KORE. The transaction closed in June 2023, consolidating two of the best-known names in programmable IoT connectivity.

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Wireless Logic acquired Singapore-headquartered Blue Wireless, a provider of managed LTE and 5G wireless WAN connectivity for enterprises across Asia-Pacific and beyond. Terms were not disclosed. The deal gave the UK-based IoT connectivity group an operating base and enterprise customer relationships across Asia-Pacific.

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Telit acquired Mobilogix, a California-based IoT solutions house specializing in custom device engineering, certification and cloud integration across automotive, asset tracking and industrial applications. Terms were not disclosed. The deal landed a month after Telit's transformative combination with Thales's cellular IoT business.

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Semiconductor maker Semtech agreed to acquire Sierra Wireless, the Canadian IoT modules and managed connectivity pioneer, for $31 per share in cash — an enterprise value of roughly $1.2 billion. The deal paired Semtech's LoRa low-power network technology with Sierra's cellular modules and connectivity services business, and closed in January 2023.

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Telit and Thales agreed to combine, with Telit acquiring Thales's cellular IoT products business — modules, gateways and data cards — in exchange for Thales taking a 25% stake in the combined company, renamed Telit Cinterion. The deal created the largest Western provider of IoT modules and solutions, positioned explicitly as a security-focused alternative to Chinese module makers. It closed in early 2023.

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Wireless Logic acquired Mobius Networks, a UK provider of managed IoT and M2M connectivity serving industrial and enterprise customers with resilient multi-network solutions. The deal, terms undisclosed, came just days after Wireless Logic's acquisition of Jola and continued the group's rapid roll-up of UK IoT connectivity specialists.

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IoT connectivity provider Wireless Logic acquired Jola, a UK-based, channel-only supplier of mobile data and eSIM solutions sold through managed service providers, telecom resellers and IT distributors. Jola built its business entirely through the partner channel, giving resellers a self-service portal to provision and manage multi-network data SIMs. Terms were not disclosed.

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