Telit to acquire Thales' IoT unit for 25% of expanded, rebranded industrial IoT business

New entity, Telit Cinterion, will focus exclusively on industrial IoT, and make security its calling card; Telit's automotive IoT unit will be spun-off.

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Telit and Thales Create a Mega IoT Company: Telit Cinterion

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Telit and Thales Create a Mega IoT Company: Telit Cinterion