The deal will enable Wireless Logic to consolidate its routes-to-market through a single, focused channel, serving VARs and dealers in the UK
Wireless Logic, the leading global IoT connectivity platform provider has acquired Jola, the channel’s leading mobile data specialist, for an undisclosed sum. This agreement marks the latest step in Wireless Logic’s business expansion following a series of acquisitions for the UK company.
Headquartered in Nottinghamshire, Jola is a channel-only supplier of business communications, specialising in mobile data SIMs. Jola provides innovative IoT and mobile data solutions to managed service providers, internet service providers, IT support companies and telecom resellers, who provision, manage, and support thousands of SIMs through Jola’s own Mobile Manager self-serve platform. Jola’s expertise in the UK channel is highly complementary to Wireless Logic’s routes-to-market and customer base.
This partnership will deliver the scale and reach of the Wireless Logic Group whilst ensuring that the specific expertise, product innovation and quality of service continue to meet the needs of the channel. With the financial backing of Wireless Logic, Jola will be in the strongest position to continue its growth trajectory and exploit new opportunities.
The Jola team will continue to manage Jola partners.
Andrew Dickinson, CEO of Jola commented, ‘“Wireless Logic is one of the standout successes of the ICT sector and we have long been admirers of Oliver Tucker and his team. Jola will remain an independently-run company within the Wireless Logic Group, focussing as always on the UK channel, but with a global reach. The 1000+ Jola partners will see no change in the short term and over time they will benefit from product innovations across the group and more extensive supplier relationships. I would like to thank our customers, suppliers, and most of all the amazing team at Jola who have worked so hard to achieve this milestone.”
Oliver Tucker, CEO of Wireless Logic commented, “There is a natural fit between Wireless Logic and Jola, which makes this an exciting acquisition for all involved. Jola will strengthen and focus the group’s routes to market in the UK and beyond, paving the way for further business growth in the years ahead. We look forward to working closely with the talented team at Jola to ensure that they are able to continue their own growth, whilst leveraging the advantages of being part of the Wireless Logic Group.”
Jola is an award-winning, channel-only supplier of communications, specialising in data SIMs for IoT, M2M and mobile broadband. Besides traditional resellers and dealers, it serves IT VARs, MSPs and IoT specialists, trusted by their customers to deliver and support solutions. Jola has adapted its approach to address the needs of each channel, providing customised services and support. For more information, visit: www.jola.co.uk
ABOUT WIRELESS LOGIC
Wireless Logic is a leading global IoT connectivity platform provider that simplifies and automates IoT management for any device, anywhere. With more than 8 million IoT subscriptions active in 165 countries and direct partnerships with 48 mobile networks, Wireless Logic provides reach into more than 750 networks across the globe and delivers value throughout the IoT connectivity chain.
Its purpose-built platform offers a single window to securely connect and manage assets across any network and number of deployments. For customers, this serves to simplify supply chains, accelerate time to market, lower the total cost of ownership and deliver connectivity that just works.
As an entirely customer and market-driven organisation, Wireless Logic meets its 20,000+ customers where they are to help them innovate by providing industry expertise, service support and the most flexible, resilient and secure connectivity solutions in the market. Its broad sector expertise includes industry, agriculture, healthcare, security, transport, utilities and smart cities.
Wireless Logic is backed by Montagu Private Equity, one of the world’s leading private equity-backed investors, giving Wireless Logic Group unrivalled financial strength.
For more information, visit: https://www.wirelesslogic.com/
Be First to Comment