Tata CommunicationsNSE 0.34 % will use its acquisition of Teleena to drive its push in mobility-based internet of things (IoT) solutions.
The company had bought a 35% stake in the Netherlands-headquartered company on January 17 and acquired the balance stake earlier this month. Teleena’s solution is a key part of Tata Communications’ MOVE platform, which is key to its plans in the global mobility and IoT market.
Anthony Bartolo, chief product officer, Tata Communications, said that this was done to give the company greater control over the direction Teleena would move in. “With the success of the platform, it was inevitable to secure the talent and technology roadmap. Earlier, we were influential, now we can dominate the roadmap to reflect customer desires,” he said.
The company has already carried out a few proof of concepts (PoC) using MOVE in the aviation and logistics space, and Bartolo said that actual deployments would start happening soon.
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