Tata Communications has announced that it has fully acquired Netherlands-based Teleena, an IoT and mobile virtual network enabler, which “reduces operational complexity and cost of IOT deployment” for businesses.
Anthony Bartolo, chief product officer, Tata Communications, said in a statement, “Tata Communications is the sole shareholder. We now own 100 percent of Teleena.” Earlier, in January 2017, the company had acquired a 35 percent stake in the Netherlands-based company.
The company was already using Teleena on its MOVE platform with which enterprises and device manufacturers can record, move and manage information globally. With this acquisition, Tata Communications will now have full access to the firms’s technology portfolio, including its mobile virtual network enabler platform, its operational and business support system solution.
Teleena’s customers will now transition to become Tata Comms’ customers, and all the company’s employees will become Tata Communications’ employees, the statement said. Tata’s MOVE platform counts Omate, Doki Technologies, MyRepublic (MVNO) and W-Locate (logistics) among its customers.