IoT is still in early stages of development, say investors backing Wireless Innovation and Sabio

Lyceum Capital has been in the news lately. On August 16, IoT Now reported that the company was an investor in customer contact specialist Sabio, which has amassed a €35 million warchest. CEO, Andy Roberts told us exclusively what the company would spend it on. One week later, Lyceum was back in the headlines announcing

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Lyceum Capital buys IoT connectivity provider Wireless Innovation and backs new expansion

Lyceum Capital, a UK private equity firms specialising in B2B services and technology, announced the acquisition for an undisclosed sum of Wireless Innovation, a UK-headquartered machine-to-machine (M2M) managed services connectivity provider.

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