Tangoe Acquires MOBI, Enhancing the Managed Mobility Services Space

Tangoe, a technology expense management (TEM) company, today announced it has acquired MOBI, a leading managed mobility services (MMS) company.

The combined company manages $40 billion in annual technology spend and 10 million connected devices.

MOBI’s technology supports Tangoe’s overarching goal to help customers work smarter, said Bob Irwin, CEO at Tangoe.

This combination will give Tangoe customers the immediate benefit of access to the most powerful MMS solution on the market and provide MOBI clients’ access to our global TEM capabilities, deep expertise and worldwide coverage, Irwin explained.

MOBI customers will benefit from Tangoe’s more than 20 years of TEM experience, robust advisory services, global 24x7 customer support, cloud expense management capabilities and track record of continuous innovation, including more than 40 patents in TEM technology.

The combination of the two companies will accelerate the introduction of new enhancements for the management of telecom, mobility, and cloud assets and programs.

Josh Garrett, MOBI president and co-founder, will join Tangoe as president of MMS and report to Bob Irwin. Scott Kraege, MOBI CEO and co-founder, will join the Tangoe board of directors and maintain an advisory role focused on customer success, culture and employee engagement. MOBI’s offices in Indianapolis will remain open and become headquarters for the combined company’s global MMS business. Current customers will continue to be supported by the same talented, dynamic teams on which they currently rely.

Tangoe has experienced several key milestones over the past 18 months. These include the launch of the Tangoe Atlas platform; introduction of a new leadership team; new product strategy and cloud expense management solution; and record-breaking attendance at Tangoe’s user conference, Tangoe LIVE.

For more information about this news, visit www.tangoe.com.