Houston-based DHI Telecom acquired Paris, France-based Bienvenue WiFi, a provider of mobile Wi-Fi solutions across France.
The amount of the deal was not disclosed.
Founded in May 2014 by Jean-Baptiste Queromes, CEO, Bienvenue WiFi works with over 250 partners in the B2B and B2B2C sectors to provide Wi-Fi to tourists visiting from around the world. In addition to offering personal hotspots, the company also provides high-tech solutions for events. Brands such as Coca-Cola, Chanel and Veuve Clicquot use Bienvenue WiFi to provide connectivity to their customers at highly coveted occasions for up to 1,000 guests.
Led by CEO Wallace Davis, DHI Telecom delivers advanced technical solutions in both private and public sectors including fiber-optic lines, satellite uplinks, mobile Wi-Fi hotspots, and the commercial Internet through contracts with the U.S. Department of Defense (DoD), the Army & Air Force Exchange Service (AAFES), and Naval Information Warfare Systems Command. Now available to the general consumer, the Sapphire Wi-Fi devices use CloudSIM technology to connect in 130+ countries to create a hotspot with up to 4G LTE speeds. Sapphire allows people to stay connected, add, and manage data online with free Apple and Android apps.
Bienvenue WiFi is DHI’s fifth strategic acquisition in 18 months. The first being London-based Tep Wireless in Q4 2018, which immediately expanded DHI’s market with U.S. and U.K. business and leisure travelers. In June 2019, DHI acquired French-based Travel Wi-Fi, which provides travelers to France and Europe with rentals of portable Wi-Fi with free pickup at Paris-area airports and retail locations. In July, DHI attained Trinus, a Wi-Fi and SIM card telecom company based in Chile with a growing commercial travel business model. In November 2019, DHI acquired Singapore-based Yogofi, a high-performing startup focused on advanced mobile Wi-Fi for global business and leisure travel.
FinSMEs
12/03/2020