About Erictel
Erictel is a company based in Spain founded in 1997. It operates as a B2B. Erictel has completed 1 acquisition, including Owasys. Erictel offers products and services including M2M Solutions, Owasys, and Trelec. Erictel operates in a competitive market with competitors including Cradlepoint, Ondas Networks, Actility, Kajeet and Celona, among others.
- Headquarter Spain
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Sectors
Technology
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Website
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Annual Revenue
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Net Profit
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Erictel
Erictel offers a comprehensive portfolio of products and services, including M2M Solutions, Owasys, and Trelec. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Development and commercialization of M2M technologies for connectivity.
Engineering for GSM modules and dedicated M2M innovations.
Production of electronic components with reliable inventory support.
Funding Insights of Erictel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Erictel
Erictel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Owasys. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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IoT gateways are developed for fleet management and telemetry applications.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Erictel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Erictel Comparisons
Competitors of Erictel
Erictel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cradlepoint, Ondas Networks, Actility, Kajeet and Celona, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based network infrastructure for IoT applications is provided.
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Broadband communication technologies for IoT are developed and deployed.
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Platform for IoT deployments and network connectivity management is provided.
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IoT connectivity and management solutions are provided for various markets.
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| domain | founded_year | HQ Location |
Cloud-based WiFi infrastructure connectivity management software is provided.
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| domain | founded_year | HQ Location |
Cloud platform for M2M and IoT connectivity is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Erictel
When was Erictel founded?
Erictel was founded in 1997.
Where is Erictel located?
Erictel is headquartered in Spain.
What does Erictel do?
Erictel serves as the strategic ally of Telefónica, focusing on developing and selling M2M solutions across HispanoAmérica. They leverage in-house RD through partners like Owasys for IoT innovations and Trelec for manufacturing electronic components. Based in Derio, Spain, they offer reliable support via intranet and extranet, aiding clients in telecommunications and technology sectors with efficient, scalable services.
Who are the top competitors of Erictel?
Erictel's top competitors include Cradlepoint, Hologram and EMnify.
What products or services does Erictel offer?
Erictel offers M2M Solutions, Owasys, and Trelec.
How many acquisitions has Erictel made?
Erictel has made 1 acquisition, including Owasys.