Webbing CEO Noam Lando (Facbook)
The British telecommunications firm Wireless Logic Is buying Israel’s Webbing, a mobile virtual network operator, for $200 million. This acquisition comes just a few months after Wireless Logic also bought out Singapore-headquartered Blue Wireless, a global service provider for managed wireless solutions.
The company also recently acquired IoThink Solutions, Mobius Networks and Jola and says the purchase of Webbing continues its strategy of global expansion, service offering enhancement and new routes to market.
Founded in 2000 by Phil Cole and Oliver Tucker, Wireless Logic works across all market segments, delivering complete M2M/IoT managed services for mobile and satellite wireless networks plus fixed line solutions.
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Oliver Tucker, CEO of Wireless Logic said “Webbing exhibited remarkable foresight by recognising the constraints of existing eSIM standards for IoT devices and anticipating enterprise demand for efficient eSIM provisioning solutions. This acquisition will expand our technology capabilities and offering, particularly as the new GSMA IoT eSIM standard gains prominence. Furthermore, Webbing’s local presence and partnerships in regions including the US and Asia, will further enhance our ability to deliver a future proof, flexible and fully redundant global connectivity through a single SIM.”
Founded in 2010 by CEO Noam Lando and EVP Sales Yaniv Elron, Webbing is a global data MVNO that delivers “Innovative enterprise grade, global connectivity” and IoT services. The company boasts that its secured network of 600+ mobile carriers across more than 200 countries, ensures “superior data connectivity between business, people and things wherever the device is located.” Webbing provides a leading-edge connectivity service for global customers across sectors including Enterprise Mobility, Automotive and Logistics. It offers a global carrier network that delivers best in class coverage, policy control and enforcement, including compliance with any permanent roaming restrictions, as well as security and other features, all through a single global SIM.
Webbing counts Chemi Peres (son of the Late Israeli statesman Shimon Peres), Managing Partner and co-founder of Pitango, as one of its investors. Peres is also the head of the company’s board of directors.
“Since our foundation, we have been committed to meeting the needs of global IoT by developing progressive SIM technology, powerful management platforms and a robust network,” said Webbing CEO Noam Lando. “We believe that device owners deserve tailor-made, rock-solid, future-ready connectivity within their control. With the support of Wireless Logic, we are excited to build on this vision, delivering enhanced benefits to our customers and teams worldwide.”
