Wireless Logic Acquires Arkessa from ECI Partners
November 12, 2020
Wireless Logic, backed by Montagu, has acquired UK-based IoT connectivity provider Arkessa from private equity firm ECI Partners. The deal (completed Dec. 9) brings Arkessa’s ~50-strong team, eUICC capabilities and more than one million subscriptions into the Wireless Logic group to expand routes-to-market and technical capability in IoT/M2M connectivity.
- Buyers
- Wireless Logic, Montagu
- Targets
- Arkessa
- Sellers
- ECI Partners
- Platforms
- Wireless Logic
- Industry
- Telecommunications
- Location
- United Kingdom
- Transaction Type
- Addon
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