In active M2M industry M&A season, US-based solution provider RACO Wireless provides global expansion strategy template with acquisition of Position Logic
On July 17th, US M2M service provider RACO Wireless announced the acquisition of Position Logic, a location-based M2M services company with strong business presence in Latin America. With the acquisition RACO Wireless gains expanded service platform capabilities and, most importantly, a substantial book of business in Latin America. This Research Note examines these latest announcements in the context of our view on the overall positioning of RACO Wireless for success in the M2M market.
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