Telecommunications company, Wireless Logic, expands its portfolio by purchasing Zipit Wireless.
Wireless Logic, a leading global provider of IoT connectivity, has announced the acquisition of Zipit Wireless, a US-headquartered IoT connectivity and subscription billing solutions provider. This marks Wireless Logic's first acquisition of a US-based company and is a significant step in its strategy to grow its global footprint while deepening regional market knowledge.
Zipit Wireless, a South Carolina-based company, specialises in IoT connectivity and subscription management. Its operations in the US and Canada provide Wireless Logic with direct access to major North American markets, complementing its existing presence through previous acquisitions in Brazil, Israel, and Singapore.
Advanced Billing and Connectivity Solutions
Zipit's flexible, white-label subscription billing platform enables management of complex billing chains and multi-tier IoT commercial models, supporting B2B2C engagements which are vital for scaling IoT solutions. Its platform has generated over $45 million in subscription revenue for OEM customers.
Zipit's long-term relationships with tier-one carriers such as Verizon, AT&T, and Rogers provide Wireless Logic with robust connectivity options across NB-IoT, LTE-M, and 5G technologies, facilitating broad and reliable IoT device coverage.
Local Expertise and Sectoral Strength
Zipit's experience spans diverse sectors—agriculture, security and surveillance, digital signage, and point-of-sale (PoS) markets (through Canadian subsidiary Mtrex Networks)—enabling Wireless Logic to broaden sectoral reach with nuanced regional understanding.
Strengthening Global Position
By integrating Zipit's capabilities, Wireless Logic significantly strengthens its position as a global managed IoT service provider. This acquisition allows Wireless Logic to offer more choice, coverage, and capability while staying true to the hands-on support their customers rely on.
Frank Greer, CEO of Zipit Wireless, stated that becoming part of Wireless Logic Group is a major milestone and the natural next step in their growth. He expresses excitement about the opportunities this partnership presents for both companies and their customers.
This deal with Zipit is part of Wireless Logic's ongoing strategic acquisitions, including Arqia, Webbing, and Blue Wireless. Wireless Logic serves enterprises, governments, and SMEs across sectors like healthcare, transport, energy, and smart cities.
[1] Wireless Logic Press Release: [Link to the press release] [2] Zipit Wireless Press Release: [Link to the press release]
- The acquisition of Zipit Wireless, a US-based company specializing in IoT connectivity and subscription billing solutions, allows Wireless Logic to expand its business in the North American market and diversify its technology offerings within the finance and technology industries.
- The integration of Zipit's advanced billing and connectivity solutions, along with its expertise in various sectors like agriculture, security, digital signage, and point-of-sale, will strengthen Wireless Logic's position as a global managed IoT service provider, providing more choice, coverage, and capability to its customers in the industry.
