BDO has provided Vendor Due Diligence services on the sale of Mobius Networks Limited to Wireless Logic, the leading global IoT connectivity platform.
Mobius specialises in providing extremely reliable and secure tailored IoT connectivity solutions for mission critical tasks that have a high cost of failure across the public and private sectors.
Mobius has grown significantly in a short space of time due to their unique approach to data security and expertise in particular verticals. The acquisition by Wireless Logic should help support Mobius in capitalising on the growing IoT and M2M operations market.
"It was a pleasure to work with Mobius to achieve a great outcome on the sale of the business to Wireless Logic."
Matt Lister, Partner, BDO LLP