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 for over $200 million, marking a significant exit in the global data connectivity and IoT solutions market.
Business overview
Webbing provides global data connectivity solutions designed for high performance, network redundancy, low latency, and comprehensive management capabilities. The company's core technology ensures 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 focus 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 strong market validation for Webbing's global data connectivity and IoT solutions, positioning the combined entity to expand its reach and capabilities in the rapidly evolving IoT and telecommunications sectors. For investors, this highlights the strategic value of companies providing robust, managed connectivity infrastructure.
Log in to access full profile ›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.
- When was Webbing founded?
- Webbing was founded in May 2010.
- What is Webbing's primary focus in terms of solutions?
- Webbing focuses on providing global data connectivity solutions for IoT, mission-critical applications, and remote workforce management, emphasizing high performance, network redundancy, and low latency.
- Which industries does Webbing serve?
- Webbing serves various industries, including medical devices, energy, and transportation, providing reliable and secure internet connections.
- What was a notable recognition Webbing received in 2016?
- In June 2016, FierceWireless named Webbing to its 'Fierce 15' annual list of top emerging companies.