The Matooma acquisition, for an undisclosed sum, is Wireless Logic’s third major purchase in 2019 having already welcomed Dutch-based M2MBlue and SIMPoint in February and June respectively. The three new organisations join the UK-headquartered IoT connectivity platform provider as it continues to deliver rapid expansion throughout its European network. With Matooma on board, the group has an increased presence in France working alongside Wireless Logic’s existing Aix-en-Provence team, and will enhance its European reach which includes offices in Denmark, France, Germany, Netherlands and Spain. The group’s European focus with global reach is backed by Montagu Private Equity who came on board in June 2018.
Commenting on the most recent acquisition, Oliver Tucker, Group CEO of Wireless Logic Group said: “We are delighted to be welcoming the Matooma team into the group. In just seven years, they have built an enviable reputation in France by delivering highly responsive and tailored IoT connectivity services, supported by exceptionally strong leadership. Over the coming months our integration programme will enable the group to enhance our best-in-class connectivity platform solutions to which Matooma will play a significant role, particularly within their core markets.”
On behalf of Matooma, founder and CEO Frédéric Salles said: “The success of Matooma has been based around the innovative use of secure mobile technology, a winning approach to nurturing long-lasting mobile network partnerships and in the strength and character of the Matooma team – our people have been so fundamental to where we are now today. Our journey so far has been short, fast-moving and with every opportunity seized. We are looking forward to combining our strengths with Wireless Logic and together building an even more exciting future as we develop and evolve the IoT connectivity market across France and further afield.”
About Wireless Logic Group
Europe’s leading independent IoT (Internet of Things) and M2M (Machine to Machine) connectivity platform provider, Wireless Logic Group works with thousands of application providers, systems integrators and enterprises delivering a portfolio of services including management platforms, private network infrastructure and specialist mobile, satellite, fixed line and low power wireless area network (LPWAN) connectivity. All services are supported by a team of multi-disciplined personnel including technology development, consultancy and client management. Connected assets are managed and controlled across a sector-leading SIM management platform – SIMPro – which has been designed and developed to meet the specific needs of M2M and IoT applications.
Continuous investment in technology enables Wireless Logic to provide an increasing suite of value-added products which include specialist mapping and location-based services from Google and HERE, device management platforms, security encryption services and end-to-end managed hardware solutions. The organisation is ISO 9001 Quality Management certified.
Horizontally positioned, Wireless Logic works with hundreds of vertical applications – these include transport and logistics, smart city, energy & utilities, industrial, healthcare, and a range of enterprise solutions. It now manages over 3.1 million subscriptions utilising local, global and multi-profile/IMSI SIMs, all designed to provide flexible and tailored low and high data usage tariffs for specific applications. The group has strategic partnerships with multiple European mobile network operators which enable a global reach to more than 600 international networks over 60 countries. Wireless Logic’s multi-IMSI technology is managed across their own Intelligent Network platform. The breadth of connectivity options gives customers an unrivalled service offering with no other platform provider able to deliver such a broad scope of competitive and strategic communication channels.
Alongside Wireless Logic country offices in Denmark, France, Germany and Spain, Group companies include: Nucleus Networks, UK – mobile hardware solutions; Cloud9, UK – eSIM technologies; Mdex AG, Germany – IoT & M2M ICT provider; M2MBlue and SIMPoint, The Netherlands – IoT & M2M connectivity providers and Matooma, France – IoT connectivity solution specialists.
Founded in 1999, Wireless Logic Group is backed by Montagu Private Equity (www.montagu.com). The organisation’s European headquarters are located in Hurley, Berkshire UK.