CMS advises Mobius on acquisition by Wireless Logic

International law firm CMS has advised the shareholders of Mobius Networks (Mobius), the market leading mobile virtual network operator, on the sale of Mobius to Wireless Logic, the leading global Internet of Things (IoT) connectivity platform provider.

Founded in 2004, Mobius provides data connectivity services for IoT and Machine-to-Machine (M2M) applications. Selected by Vodafone as its preferred distributor for M2M Data SIMs, Mobius has forged a reputation as a leading supplier of M2M solutions.   

CMS Corporate partner Anthony Waller comments: “We are delighted to have advised the shareholders of Mobius on this acquisition. Mobius’ approach to security and excellent customer service has allowed it to forge an unrivalled reputation in the IoT and M2M market. Becoming a part of Wireless Logic is a very exciting next step in the continued growth of the business and we wish them all the best.”

Carl Barton, Founder and CEO of Mobius, comments: “We are delighted to become part of Wireless Logic and are looking forward to the new opportunities it will present to us. We have very much valued the strong support and expert advice we have received from Anthony Waller and the rest of the superb CMS team throughout the process and would like to thank them for their help”. 

The CMS team was led by Anthony Waller and included Philip Walton, Jamie Burgess, Amy Bainbridge, Rose Bickerton, Josh Avis and James Leek (Corporate); Mark Joscelyne, Graham Muir, Kate Haywood and Robert Sartor (Tax); Laurence Kalman, Abigail Atoyebi, Fiona Vickerstaff, Gabrielle Carter and Aadam Sattar (Media & Technology); Samantha Love (Employment); and Graeme Young and Jacqueline Vallat (Competition).