Miami Mortgage News

8- Mobile tech giant Brightstar makes yet another acquisition

October 23rd, 2015 11:01 AM by Nour Ailan

Mobile tech giant Brightstar makes yet another acquisition :

Local mobile products giant Brightstar Corp. is getting even bigger.

Following a spate of recent acquisitions, the company announced Friday it had bought up Canadian consultancy WirelessWorks for an undisclosed sum. In a statement, Brightstar called WirelessWorks a solutions provider for mobile network operators and device manufacturers.

Company CEO Jaymin Patel said in the statement that the acquisition will allow Brightstar to expand its presence in Canada. The Miami company already offers device protection solutions in that country.

Brightstar was one of the fastest growing technology companies in South Florida last year, nearly doubling its global employee count to 9,000 through both organic growth and acquisitions. The company went from revenues of $7.2 billion to $10 billion, with 500 employees in South Florida

The firm has acquired widely, picking up other companies in Europe, Japan, the United States and India. The companies acquired were involved in the mobile distribution, service and accessories business lines.

 


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