Webbing
Global Data Connectivity and IoT Solutions
Company Overview
Snapshot
Founded in May 2010, Webbing operates with 51–200 employees. The company was acquired by Wireless Logic Ltd in August 2023.
Business overview
Webbing delivers global data connectivity and IoT solutions, emphasizing high performance, network redundancy, low latency, and centralized management. Its core technology provides reliable and secure internet connections for IoT devices, mission-critical applications, and remote workforce management across various industries, including medical devices, energy, and transportation. The company operates within the Business Software sector, specializing in IT & Network Management and IoT communications.
Strategic signal
The acquisition of Webbing by Wireless Logic Ltd in August 2023 for over $200 million signals a significant consolidation in the global IoT connectivity market. This strategic move by Wireless Logic Ltd indicates a strong validation of Webbing's technology and market position, suggesting an accelerated expansion of its data connectivity and IoT solutions under a larger corporate umbrella. For investors, this highlights the increasing value placed on robust, global connectivity infrastructure for critical applications and remote operations.
Log in to access full profile ›Company Intelligence Q&A
- What is Webbing's primary focus?
- Webbing specializes in providing global data connectivity and IoT solutions, ensuring high performance, network redundancy, and secure internet connections for various industries.
- When was Webbing acquired?
- Webbing was acquired by Wireless Logic Ltd in August 2023.
- What was the reported acquisition amount?
- Wireless Logic Ltd acquired Webbing for over $200 million in August 2023, as reported by CTech.
- What are some of Webbing's key products?
- Webbing offers products such as WebbingCTRL and WebbingCNCT, designed to provide global IoT connectivity and management solutions.
- Which industries does Webbing serve?
- Webbing serves diverse industries including medical devices, energy, transportation, and others requiring reliable and secure internet connections for IoT, mission-critical applications, and remote workforce management.