About the transaction
Connected Holdings provides the Connected Intelligent Services Platform, an “Intelligence as a Service” platform combining lowest cost wireless sensor device development and manufacturing with, low cost cellular services, cellular connectivity management, over the air device management, financial and billing system management, cloud based analytics processing and more. Phillips Connect is division of Phillips Industries, a leading supplier and manufacturer of parts for the trucking industry founded in 1918. Phillips will be using Connected Holding's technology and expertise in their TrailerNet, ChassisNet and ContainerNet telematics platforms set to be launched this year.
Read more about the transaction
- Phillips Connect Technologies Acquires Connected Holdings
- Phillips Connect ramps up TrailerNet launch with acquisition
- Phillips Connect Technologies buys IoT partner
- Phillips Connect Boosts TrailerNet Platform with Strategic Acquisition