Wireless Logic × Algar Telecom
Wireless Logic agreed to acquire the IoT connectivity business of Brazilian provider Algar Telecom, which will be integrated into Wireless Logic's local subsidiary, Arqia. [46] The asset is Algar's M2M and Point of Sale (POS) connectivity platform, launched in 2019. [49] While most English-language press releases stated financial terms were not disclosed, Brazilian financial news outlet Estadão reported the transaction value as R$ 720 million, citing a formal notice sent to Brazil's Securities and Exchange Commission (CVM). [51, 47]
The asset
The acquisition of Algar's IoT connectivity business unit, which focuses on Machine-to-Machine (M2M) and Point of Sale (POS) markets. [46, 49]
The record
- Seller status
- Going concern
- Sector
- IT and telecommunications
- Modalities
- M2M, POS
- Jurisdiction
- BR
What it means if you hold data
This acquisition consolidates Wireless Logic's position in Latin America, a key growth market for IoT services. [46] By absorbing a significant M2M and POS portfolio, the deal enhances the buyer's ability to serve industries like logistics, payments, and agribusiness, signaling a strategic focus on scaling established enterprise IoT platforms over building from scratch. [49]
Sources
- wirelesslogic.com — https://www.wirelesslogic.com/news/arqia-a-wireless-logic-company-acquire-algar-telecoms-iot-business/
- telecompaper.com — https://www.telecompaper.com/news/algar-telecom-agrees-to-sell-iot-division-to-wireless-logics-arqia--1579563
- resources.telegeography.com — https://resources.telegeography.com/mergers-acquisitions-august-september-2026