25LC128

Telit Wireless Solutions, Inc.

Telit Wireless Solutions is an enabler of the global machine-to-machine (m2m) movement. The company views m2m as the space intersected by the following three technology pillars.

  1. Long-range cellular connection of devices to each-other and the Internet of Things (IoT);
  2. Short-to-long range license free wireless connection of devices to their peripherals, to each other, and to long-range gateways;
  3. Position awareness for all connected devices.

In fulfilling the role of enabler of this space, exclusively, and for over 12 years, the company advances its technology leadership from eight R&D centers around the globe. Furthermore Telit streamlines adoption and integration of long-range cellular technology by enhancing it with necessary services and end-to-end connectivity to transform the cellular m2m module from a component to a solution, connecting your assets to the enterprise systems they feed into. m2mAIR is the company's business unit delivering these value added services with wireless connectivity, cloud solutions and an intuitive, easy to use application enablement platform (AEP).

Telit delivers its extensive portfolio of cellular, short-range, and positioning products in over 80 countries. By making these products business scalable, interchangeable across families, technologies, and generations, and with high quality standards, Telit keeps development cycles short and cost optimized, protects customer design investments, and removes technology risk.

m2mAIR delivers effortless m2m service enablement with module, SIM, and subscription management tools and resources plus connectivity tailored for this space, adding business value through enhanced network performance, cost control, security, and troubleshooting. The deviceWISE powered AEP enables seamless and secure connectivity and integration of remote assets in the field with enterprise systems and databases in the back office. The platform reduces the risk, time-to-market, complexity and cost of deploying complete end-to-end M2M solutions for remote monitoring and control, industrial automation, asset tracking and field service operations across virtually all industries and market segments around the world.

Two solution Business Units integrate the Telit group.They were conceived to address fundamentally different business models of their target markets and to ensure the sharpest focus on their go-to-market. Telit Automotive Solutions with automotive-grade cellular modules, the ATOP on-board unit, and open software development platform; and Telit GNSS Solutions with award winning ready-to-use positioning receivers add value to the company’s delivery model.

Telit envelops its offerings with customer support and design-in expertise from 35 sales and support offices, and a global distributor network of wireless experts in over 30 Telit-designated Competence Centers. The Technical Support Forum is a first-of-kind initiative where not only customers but the entire m2m community can exchange opinions and ideas.

Telit Wireless Solutions and m2mAÍR are brands of Telit Communications PLC (AIM: TCM).

Telit History

Two decades of experience across the globe have helped the company establish strong channels and unfettered access to key players in all major world markets. From its beginnings in 1986 as Telital and Telital automotive, an engineering company providing research and development services to multinational telecoms, Telit emerged as one of the leading names in innovative cellular technology. In 1997, the company began manufacturing and marketing products under the Telit brand. Since then, millions of cellular handsets and other mobile communications devices such as the first Globalstar satellite mobile phone have been supplied to users and operators worldwide.

Telit recognized early on the potential of cellular m2m solutions and launched its first m2m module called Datablock in 1998. Allowing real-time monitoring and control, minimizing or dispensing with human intervention, m2m is gaining significant market traction as it addresses the ever-increasing demands, e.g. in terms of speed, savings, safety, environmental protection, localization, remote control, accuracy and many others in the business world.

On March 1st 2011, Telit completed the acquisition of Motorola m2m from Motorola Israel Ltd., a subsidiary of Motorola Solutions Inc. The integration of Motorola m2m into the existing Telit business, mainly in Israel but also in the US, England and APAC, was fully and successfully completed during 2011.

On July 11th 2011, the company acquired GlobalConect Ltd. to establish a services business, with the goal of having recurring revenues. Thanks to this acquisition and the strategic partnership Telit entered in with Telefonica Espana S.A.U on February 22nd 2012 Telit is today the only company in the market that provides a value added services bundle including connectivity to its customers.

Navman Wireless OEM Solutions LP was acquired on January 3rd 2012 which strengthens Telit's position as the premier product and consultative partner in the m2m industry. The acquisition of Navman's technology and the engagement of its US based executive engineering and sales staff will make Telit a major contender in the GNSS (Global Navigation Satellite System) market while providing an enhanced product portfolio for its m2m customers and providing Telit access to new GPS customers and products beyond the traditional m2m industry.

At the beginning of 2013, Telit acquired CrossBridge Solutions expanding its m2mAir offering to small/medium m2m customers in the U.S. The acquired company has a long 22-year history in the North American market adding to Telit's 20+ years' experience in cellular hardware technology.

In September 2013, Telit acquired ILS Technology, a U.S.-based provider of cloud services and application enablement platform (AEP). The acquisition was another important step to continue building a company to offer end-to-end solutions to its customers.

In 2012 Telit added the value added and connectivity services to deliver essential connectivity solutions on the mobile network side of connected devices. With the ILS Technology acquisition its cloud-based services and AEP, Telit completes the set of solutions to provide customers a comprehensive Internet-side services offering including Application Enablement.

In April 2014, Telit concluded the acquisition of the Automotive Telematics On-board unit Platform (ATOP) business from Netherlands-based NXP Semiconductors (Nasdaq NXPI). With the conclusion, Telit Automotive Solutions was launched as a new business unit conceived to focus exclusively on the Automotive OEM and Tier-one markets.

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