Telit Communications

London, United Kingdom Founded: 1986 • Age: 40 yrs
Cellular IoT modules, connectivity, platforms, and custom solutions are provided.
Annual revenue - Latest available
Total funding - 4 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Telit Communications

Telit Communications is a company based in London (United Kingdom) founded in 1986. Telit Communications has completed 4 acquisitions, including Dai Telecom, Gainspan and ILS Technologies. Telit Communications offers products and services including IoT Modules, Connectivity Plans, and deviceWISE Platforms. Telit Communications operates in a competitive market with competitors including Truphone, Cognex, Soracom, Syniverse and 1NCE, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Phone
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  • Website
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  • Social
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  • Legal Name Telit Communications Limited
  • Date of Incorporation 30 Nov, 2004
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $50.26 M (USD), Post-IPO

    May 05, 2017

  • Investors
    HSBC

    & 2 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Dai Telecom

    & 3 more

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Products & Services of Telit Communications

Telit Communications offers a comprehensive portfolio of products and services, including IoT Modules, Connectivity Plans, and deviceWISE Platforms.

Product name locked
Category locked
Primary

Secure certified modules for cellular and Wi-Fi connectivity

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Global plans for IoT device management and data services

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Tools for AI integration and industrial visualization

People of Telit Communications

Headcount 500-1000
Employee Profiles 79
Employee Profiles
People
Yamit Sela
CIO
People
Itzik Molcho
COO
People
Paolo Dal Pino
CEO
People
Giulia Troiano
Application Engineer

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Funding Insights of Telit Communications

Investors in Telit Communications

Telit Communications has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include HSBC, Bank Hapoalim and sviluppoeconomico.gov.it.

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Institutional
Investor Description Founded Year Domain Location
Secondary fund investments are emphasized by this Israeli commercial bank.
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Universal banking and financial advisory services are provided globally.
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Investor details for Telit Communications

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Telit Communications

Telit Communications has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Dai Telecom, Gainspan and ILS Technologies.

Investments
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Investment portfolio details for Telit Communications

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Networking hardware for IoT applications is developed and manufactured.
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Software development services are provided by ILS Technologies since 2009.
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Low Energy embedded WiFi modules and chips
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Complete acquisition details for Telit Communications

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Telit Communications

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Detailed financials for Telit Communications

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  • Profit trends
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Telit Communications Comparisons

Telit Communications Primary company
Description
Cellular IoT modules, connectivity, platforms, and custom so...
Location
London, United Kingdom
Founded Year
1986
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Telit Communications

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Competitors of Telit Communications

Telit Communications 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 Truphone, Cognex, Soracom, Syniverse and 1NCE, among others.

Company Name Domain Founded year HQ Location Description
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International mobile services are provided under various brands for enterprises.
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Machine vision systems are developed for industrial automation and tracking.
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Provider of cellular connectivity for IoT
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Cellular connectivity solutions for IoT and mobile transactions are provided.
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IoT connectivity solutions are provided via SIM cards and platforms.
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Global connectivity solutions for IoT and M2M are provided.
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Detailed competitors of Telit Communications

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Latest news on Telit Communications

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Complete news archive for Telit Communications

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Frequently Asked Questions about Telit Communications

Telit Communications was founded in 1986 and raised its 1st funding round 30 years after it was founded.

Telit Communications is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Founded in 1986 and headquartered in London, United Kingdom, Telit Communications operates in the IoT telecommunications sector. Cellular modules for Wi-Fi, Bluetooth, and positioning applications are supplied, alongside connectivity services such as global plans, eSIM provisioning, and a management platform. Platforms supporting Industry 4.0 initiatives, including connected factories and AI-integrated machines, are offered. Custom solutions in engineering, manufacturing, security, and device certification are also provided.

Telit Communications's top competitors include 1NCE, Truphone and Eseye.

Telit Communications offers IoT Modules, Connectivity Plans, and deviceWISE Platforms.

Telit Communications has made 4 acquisitions, including Dai Telecom, Gainspan, and ILS Technologies.

Telit Communications has 3 investors. Key investors include HSBC, Bank Hapoalim, and sviluppoeconomico.gov.it.

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