AirIQ Announces Strategic Acquisition
Accessnewswireยท2025-11-03 12:30
Core Insights - AirIQ Inc. has announced a strategic acquisition of assets from a privately held IoT services company, which includes customers, video telematics software solutions, URLs, licenses, and other marketing assets [1] Financial Impact - The acquired customers have over 1,000 devices that generate approximately $450,000 in total annual recurring revenues [1] - The margins on these revenues exceed 70% [1]