Marlin acquires MOBI, will merge with Tangoe
Summary
Together, Tangoe and MOBI will become the largest pure-play vendor within the TEM and MMS markets, managing more than 10 million devices and over $40 billion in technology spend worldwide.“MOBI’s best-in-class MMS capabilities are highly complementary to Tangoe’s technology platform, and this combination accelerates the product roadmaps of both companies,” said Peter Chung, a managing director at Marlin.Scott Kraege, MOBI CEO and co-founder, will join the Tangoe board of directors and maintain an advisory role focused on customer success, culture and employee engagement.The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs.Through integrations with over 2,000 global carriers, Tangoe’s solutions allow clients to intelligently plan, source, procure, provision, manage and track telecom inventory, devices and usage.
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