London, UK - 5 August, 2025. Wireless Logic, a leading IoT solutions provider, has completed its acquisition of Zipit Wireless, a multi-carrier IoT connectivity and subscription billing solutions provider.
The deal marks Wireless Logic's first acquisition of a US-headquartered company and supports its ongoing strategy to expand global reach while deepening local expertise in key markets.
Headquartered in South Carolina, Zipit manages connectivity across sectors including agriculture, security and surveillance, and digital signage. With operations in both the US and Canada, Zipit is recognized for its flexible, white-labeled billing platform, strong customer support, and regional insights. Zipit's unique billing solution has enabled more than $45 million in subscription revenue for its OEM customers. Its Canadian subsidiary, Mtrex Networks, is a provider of global connectivity primarily serving the point-of-sale (PoS) market.
Zipit's long-standing relationships with top-tier carriers such as Verizon, AT&T, and Rogers support global connectivity through a wide range of technologies, including NB-IoT, LTE-M, and 5G. Its platform reduces commercial complexity through automated billing and flexible subscription models, giving businesses greater control over how services are packaged and billed.
With purpose-built capabilities in billing and platform integration, Zipit is particularly suited to supporting B2B2C and multi-tiered IoT models. Its ability to manage complex billing chains and layered commercial relationships adds a valuable dimension to Wireless Logic's offering.
The deal builds on a series of strategic acquisitions by Wireless Logic, including Arqia, Webbing and Blue Wireless, reinforcing its commitment to growth and innovation.
About Zipit Wireless
Zipit Wireless ("Zipit") is a multi-carrier IoT connectivity and subscription billing solutions provider empowering businesses to deploy and monetize cellular IoT solutions around the world. Zipit technologies and services eliminate the complexities of cellular activation, global connectivity management, and downstream billing to end-users and third-party dealer networks.
A vanguard of the IoT Industry, Zipit has played a critical role in enabling the shift to cellular subscriptions and IoT Platform-as-a-Service business models for more than a decade.
For more information, visit www.zipitwireless.com
About Wireless Logic
Wireless Logic is a global leader in Internet-of-Things (IoT) connectivity, dedicated to bridging the physical and digital worlds with seamless, secure, and scalable solutions.
With more than 18 million devices connected across 165 countries and direct partnerships ith 50+ mobile and satellite operators, it offers global coverage and end-to-end IoT services which accelerate the success of IoT projects.
Conexa, a purpose-built platform and dedicated IoT network, enables Wireless Logic customers to securely connect and manage assets across any network and any number of deployments. This simplifies operations, accelerates time to market, lowers the total cost of ownership, and ensures ultra-reliable connectivity.
Wireless Logic's IoT services are meticulously designed, tested, deployed, and managed to meet the specific needs of each customer device fleet. Its customers range from global enterprises and governments to startups and SMEs, and it operates across a wide range of market sectors, including agriculture, healthcare, manufacturing, security, transport, energy, utilities, and smart cities.
Backed by Montagu, a leading mid-market private equity firm and General Atlantic, a leading global investor, Wireless Logic benefits from unrivalled financial strength and continued investment in growth and innovation.
For more information, visit www.wirelesslogic.com
MEDIA CONTACT
Richard Scarlett
FINN Partners for Wireless Logic
wirelesslogic@finnpartners.com
