December 14, 2020
ECI has exited Arkessa to Wireless Logic. Arkessa offers cellular connectivity services that make it easy to design, deploy and manage IoT devices securely, efficiently, and at scale, regardless of application or business model. Wireless Logic is an independent Machine to Machine (M2M) managed services provider.
Andrew Orrock, CEO of Arkessa, said: “ECI’s exceptional track record and understanding of the IoT market was a real draw when we began our partnership in 2018. Thanks to their support, we were able to continue to fuel our international growth and focus on our goal to ‘future proof’ Enterprise connections to the Internet of Things. Wireless Logic is a natural choice for the next stage of our journey, and we look forward to working together to form the leading global player in the IoT market.”
Paul McCreadie, Partner at ECI Partners, added: “We’re delighted to announce the sale of Arkessa to Wireless Logic. Andrew and the team have continued their strong growth trajectory this year whilst also acquiring Netherlands’ headquartered Sim Services. Arkessa has proved to be extremely resilient despite the challenging backdrop of 2020. Wireless Logic is a great fit for Arkessa and we would like to thank both teams for a successful partnership as we wish them all the best for their combined future.”