IoT firm Telit acquires GainSpan to address new verticals
The new acquisition will allow Telit to grow in IoT segments including smart cities, home automation, healthcare and asset management
Telit, a global enabler of the internet of things (IoT), has announced the acquisition of Silicon Valley-based GainSpan Corporation, a wireless connectivity solution provider that specializes in the design and development of ultra-low power Wi-Fi technology.
GainSpan manufactures and commercializes chips and modules for battery-powered devices and related intellectual property with embedded software, including network stacks and application reference designs.
“As we enter an era of maturity for the IoT, we are starting to witness the appearance of spaces within it such as the internet of sensors, the internet of cars, and the internet of digital,” said Oozi Cats, CEO of Telit. “With few exceptions, the ability to cut the power cord is an essential growth engine for all these branches of the IoT.”
The acquisition will allow Telit to expand its IoT solutions portfolio and address the growing market of battery-powered devices that rely on Wi-Fi and other low-power technologies.
“The acquisition of GainSpan brings to Telit a world-class portfolio and a proven track record of Wi-Fi and low-power module solutions trusted by tier-one customers,” Cats added.
“Combined with our existing strength in delivering the most comprehensive, relevant portfolio of products and solutions for the IoT, this addition positions us well for future growth in our target segments, including security and surveillance, home automation, healthcare, asset management, and smart cities.”
Assets from GainSpan will align with existing Telit products including cellular, BT/BLE, GNSS modules; IoT connectivity and platform services, strengthening the company’s “sensor-to-cloud” solution proposition, Telit said.
Vodafone provides Global IoT SIM to Navico’s GoFree suite
In related news, U.K telecommunications group Vodafone said that it is working with Navico, an international marine electronics company, to bring global connectivity to Navico’s GoFree product suite. Using the Vodafone Global Internet of Things (IoT) SIM, GoFree can provide boaters, fleet managers, and service technicians with the ability to monitor, log, transmit and report important vessel information in real-time.
With Vodafone’s connectivity, hardware system GoFree Track can track critical vessel information like engine hours, battery status, oil pressure, coolant temperature, fuel consumption, and more.
All data collected is transmitted back to the GoFree Vessel online module for immediate viewing, giving consumers better access and control over vessel details, Vodafone said.
Vodafone’s global network and the Vodafone Global IoT SIM connects GoFree Track and GoFree Vessel across the Americas, Europe, and Asia-Pacific regions.