IOT NEWS

Industrial IoT News

Industrial IoT Home

u-blox Acquires IoT Communication-as-a-Service Provider Thingstream

By Ken Briodagh
April 01, 2020

u-blox, a global provider of leading positioning and wireless communication technologies, today announced it has acquired Thingstream, an IoT Communication-as-a-Service provider.

Thingstream provides a solution designed for global IoT connectivity the uses the standard MQTT protocol, and offers it “as-a-service” in order to provide predictable cost and on-demand scalability, the release stated.

Message queuing telemetry transport, or MQTT, has become a widely used data transfer protocol in the IOT. It is designed for constrained environments characterized by low power and bandwidth requirements, and transmits messages from one device to one or many others via a broker. Thingstream’s MQTT Anywhere service reportedly offers data transfer across more than 600 telecom carriers in 190 countries using 2G, 3G, LTE, and LTE-M networks.

“The acquisition of Thingstream and its platform accelerates u-blox’s entry into a new dimension of our services business, the IoT Sphere, which will provide customers with a reliable, smart and secure solution to connect sensor data to their cloud enterprise,” said Thomas Seiler, CEO, u-blox. “Our customers can focus on scaling their business rather than the complexities of acquiring and establishing a connectivity platform and maintaining the data flow management.”

u-blox said that the addition of Thingstream’s high-performing team of 26 qualified staff will bring decades of experience in telecom services and IoT, augmenting u-blox’s functional teams in R&D and sales and marketing. It acquired the company for $10.3 million, plus coverage for some deferred staff retention. The acquisition has been successfully closed.


Ken Briodagh is a storyteller, writer and editor with about two decades of experience under his belt. He is in love with technology and if he had his druthers would beta test everything from shoe phones to flying cars.

Edited by Ken Briodagh

Editorial Director

SHARE THIS ARTICLE
Related Articles

Sage Clarity, IIoT Solutions Provider, Releases ABLE 4.2 for Manufacturing Operations

By: Alex Passett    1/24/2023

Sage Clarity, a provider of next-gen manufacturing software for cutting-edge IIoT solutions, has released ABLE 4.2. This ABLE update is replete with n…

Read More

Opti-Harvest Taps Veea as its Edge Platform

By: Matthew Vulpis    1/10/2023

Opti-Harvest and Veea have implemented several precision farming systems and announced the general availability of a comprehensive edge and cloud solu…

Read More

A Magic 8 Ball for IoT: Guidehouse Insights' IoT Rundown and Long-Term Predictions

By: Alex Passett    12/30/2022

Market opportunities continuously grow in the ever-intelligent world of IoT. Guidehouse Insights predicts what's down the IoT road from 2023 to 2031.

Read More

Basic Industrial IoT: What AWS and Microsoft Azure Offer

By: Alex Passett    12/30/2022

Both Amazon Web Services and Microsoft Azure are markedly strong contenders in the industrial IoT space. When assessing their solutions, important con…

Read More

Telefonica and Pente Team up to Create 5G Cloud Platform

By: Juhi Fadia    12/30/2022

Telefonica has teamed up with Pente, an enterprise cellular 4G/5G platform provider, to create and deploy a new managed 5G Cloud service using Pente's…

Read More