Posts tagged: Telit Communications

Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 11

Friday, 27 July 2018, 3:45 pm

Sierra Wireless is said to be circling Telit Communications, the Aim-listed Internet of Things device manufacturer.

Sierra Wireless, a Canadian IoT company, is thought to be interested in an all-share combination with Telit and is believed to have informally sounded out some of the company's shareholders about a deal, said sources claiming to be familiar with the matter...

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Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 9

Tuesday, 10 July 2018, 2:10 pm

Telit Communications, the London-listed internet of things provider, has promoted a senior executive to head a new automotive business unit, signalling the company is close to selling the division to a potential buyer for between £100 million and £150 million.

Dirk Reimer, previously a vice president, has just been made managing director of Telit's new integrated automotive division, said sources claiming to be familiar with the matter...

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Betaville Intelligence

RARE ALERT: Telit Communications said to ... - part 6

Friday, 22 June 2018, 9:09 am

The mysterious Chinese company that has built a sizeable shareholding in Telit Communications has increased its stake in the business, raising speculation it is getting closer to making an offer for some or all of the business.

This morning Run Liang Tai Management disclosed it has increased its stake to 15.2pc from 14pc on the UK's regulatory news service...

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Betaville Intelligence

RARE ALERT: Telit Communications said to ... - part 4

Thursday, 11 January 2018, 8:01 pm

The mysterious Chinese investor that has quietly built a 14pc stake in Telit Communications has emerged as one of the largest investors in a listed Chinese corporation that has been consolidating the "internet of things" market.

Last year Run Liang Tai Management built up a substantial shareholding in Aim-listed Telit after the company's founder, Oozi Katz, became embroiled in a scandal about his true identity...

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Another day, another confirmation... - part 2

Thursday, 23 November 2017, 9:40 am

Embattled Aim-listed "internet of things" company Telit Communications has finally confirmed it has appointed Richard Kilsby, the former boss of 888, as non-executive chairman. Below is a link to the release:

The news comes after Betaville and The Sunday Times revealed the likely appointment of Kilsby just over a couple of weeks ago. Here are the links to those pieces:..

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Betaville Intelligence

RARE ALERT: Telit Communications said to ... - part 3

Friday, 10 November 2017, 10:50 pm

Telit Communications is lining up the former boss of onling gambling group 888 Holdings to become its new chairman.

According to sources in the recruitment industry, headhunting firm Korn Ferry recently put Richard Kilsby, who stepped down as chairman of 888 Holdings in 2015, on the shortlist of potential candidates to become the embattled company's new chairman...

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