Market Insight

u-blox acquires Thingstream in a bid to stave off commoditization in the cellular IoT module industry

April 08, 2020  | Subscribers Only

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u-blox, a key cellular IoT module vendor, announced on 1 April 2020 that it had acquired Thingstream, an IoT mobile virtual network operator. With the acquisition, u-blox joins other mainstream module vendors in becoming more vertically integrated in order to reduce the threat of commoditization increasingly posed by Chinese module vendors. This article examines Thingstream’s offering and differentiation in the market, and the rationale for Thingstream’s acquisition by u-blox.

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