Source: Telular Corporation
ATLANTA, Aug. 23, 2016 (GLOBE NEWSWIRE) -- Telular Corporation, a technology leader and provider of IoT (Internet of Things) solutions, today announced that it has surpassed one million IoT subscribers in the commercial telematics and security markets. To drive continued growth, the company has strengthened its position in the commercial telematics space by realigning its recent acquisitions under the SkyBitz business unit.
“Telular’s growth is a result of our focus on helping our customers uncover new revenue opportunities, lower operating costs, and improve productivity through a combination of award winning technology, SaaS based analytics and fleet management platforms and the highest commitment to our customers’ success,” said Doug Milner, CEO, Telular. “We are honored to have been selected by the most progressive and innovative companies in the industries that we serve to be their partner in delivering more value from their fleet and asset investments.”
A portfolio company of Avista Capital Partners, Telular has over 30 years of experience in the wireless IoT industry. In June of 2015 Telular acquired GPS North America and Reltima, two leading commercial telematics companies in the local fleet management market. Additionally, in October 2015, Telular acquired SMARTLogix, a leading provider of petroleum management, inventory and transportation logistics solutions. These acquisitions along with Telular’s tank monitoring division were all brought together to leverage the brand strength of its SkyBitz business. SkyBitz is now the leader in commercial telematics with businesses focused on providing rapidly deployable solutions for enterprise fleets, local fleets, tank monitoring and petroleum logistics.
For the commercial and residential security industry, Telular’s Telguard division provides turnkey solutions for intrusion, PERS, fire and home automation. Telguard created the cellular alarm communicator market three decades ago and has since maintained its leadership by being a first mover in 2G, 3G, CDMA, LTE and Wi-Fi wireless technologies for universal wireless alarm communicators.
Telular Corporation, a portfolio company of Avista Capital Partners, is a technology leader and provider of IoT (Internet of Things) solutions for commercial telematics and security applications. With over 30 years of experience and innovation in the wireless industry, Telular provides integrated event monitoring, information management and reporting services to improve process efficiency in areas such as vehicle and asset tracking, supply chain management, security, home automation, and many other residential, commercial and industrial markets. Headquartered in Chicago, Telular has additional offices in Atlanta and Herndon, VA. For more information, please visit www.telular.com.
Media contact: Pamela Benke Telular 678-909-4616 firstname.lastname@example.org