Combination Delivers Greater Automation, Efficiency and Predictability for Enterprise Mobility Programs -- Tangoe, the leading technology expense management (TEM) company, today announced it has acquired MOBI, the leading managed mobility services (MMS) company. This acquisition brings together the industry’s execution leader with the industry’s MMS visionary to create a global market powerhouse. The combined company manages $40 billion in annual technology spend and 10 million connected devices—nearly five times more than its nearest competitor. “MOBI’s

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First external investment gives growth equity firm Bregal Sagemount a minority stake, positions MOBI for growth -- MOBI, a leading global technology platform that empowers enterprises to manage the complexities of connected device environments, today announces a $35 million investment from New York-based growth equity firm Bregal Sagemount. The raised funds will allow MOBI to capitalize on the hyper-growth of the industry, which analysts predict will reach $3.4B in revenue by 2016. As part of

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