Telit, a global leader in the Internet of Things (IoT), and Thales (Euronext Paris: HO), a global leader in Aerospace, Defense, Security & Digital Identity, today jointly announced they have entered into an agreement under which Telit intends to acquire Thales’ cellular IoT products. The intended transaction includes Thales’ portfolio of cellular wireless communication modules, gateways, and data (modem) cards, ranging from 4G LTE, LPWAN to 5G. The intended transaction establishes California-based Telit Cinterion, as a...