Wireless Logic has announced the signing of an agreement to acquire Algar Telecom’s IoT connectivity business, part of Algar Group’s IT and telecommunications company, which will become part of Arqia upon completion.
The deal builds on Wireless Logic’s 2025 acquisition of Arqia and reinforces its ambition to grow Arqia’s presence in the Brazilian market. For Algar, the divestment will fund further investment in its core IT and telecommunications business.
Once completed, Wireless Logic’s global reach and Arqia’s local expertise will combine to help businesses across agribusiness, logistics, payments, utilities, manufacturing, healthcare and smart cities scale their connected operations. Latin America is one of the world’s most promising IoT growth markets, and the acquisition strengthens Arqia’s ability to support that digital transformation across the region, driving greater efficiency, innovation and competitiveness.
Read more: iotglobalnetwork.com
