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Stibbe advises Tata Communications on the acquisition of Teleena

Stibbe advises Tata Communications on the acquisition of Teleena

Stibbe advises Tata Communications on the acquisition of Teleena

04.10.2018 NL law

Stibbe advises Tata Communications, a leading global digital infrastructure provider, on the acquisition of Teleena, a Netherlands-based Internet of Things (IoT) connectivity specialist and mobile virtual network enabler (MVNE).
 

The acquisition is an investment in technology and talent to complement Tata Communications’ growth strategy in the global mobility and IoT market and follows its investment in Teleena in January 2017, when the company became the single largest shareholder in Teleena with a 35% stake. Stibbe advised on this transaction as well.

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