Webbing

Global Data Connectivity and IoT Solutions

Business Software
Acquired by Wireless Logic Ltd on Aug, 2023

Company Overview

Snapshot

Founded in May 2010, Webbing operates with 51–200 employees and was acquired by Wireless Logic Ltd in August 2023. The company provides global data connectivity solutions for various industries.

Business overview

Webbing delivers global data connectivity solutions characterized by high performance, network redundancy, low latency, and comprehensive central and remote management capabilities. The company's core technology focuses on ensuring reliable and secure internet connections for IoT, mission-critical applications, and remote workforce management. Webbing serves diverse industries including medical devices, energy, and transportation, operating within the business software sector with a strong emphasis on IT & Network Management and IoT communications.

Strategic signal

In August 2023, Webbing was acquired by Wireless Logic Ltd for over $200 million. This acquisition signals a significant consolidation in the global IoT connectivity market, validating Webbing's technology and market position while expanding Wireless Logic's capabilities in providing secure and reliable internet connections for critical applications and remote workforces.

Company Intelligence Q&A

What was a significant recent corporate development for Webbing?
In August 2023, Webbing was acquired by Wireless Logic Ltd for over $200 million, marking a major exit for the company.
What recognition did Webbing receive from FierceWireless?
In June 2016, FierceWireless named Webbing to its 'Fierce 15' Annual List of Top Emerging Companies, highlighting its innovative solutions in the wireless industry.
How does Webbing address global roaming costs for businesses?
In April 2015, Webbing introduced its first 4G LTE Mobile Wi-Fi Hotspot designed for enterprise management, aiming to reduce global roaming costs for U.S. business travelers.
What is Webbing's solution for remote workforces?
Webbing's Remote Workforce solution provides secure, reliable, and global connectivity, enabling employees to access corporate resources from anywhere to enhance productivity and support business continuity.
What is Webbing's approach to mission-critical operations?
Webbing offers a Mission Critical solution that provides secure, resilient, and global cellular connectivity, leveraging multi-IMSI technology and a centralized management platform for uninterrupted communication in public safety, defense, and critical infrastructure.