IoT or the Internet of Things is a fast-growing sector that is expected to reach a value of $1256.1B (nearly €1060.6B) by 2025. One of the notable players in the field is moving forward by forging new partnerships and expanding its services. The Lithuanian IoT hardware manufacturer Teltonika Networks has announced its partnership with Amsterdam-based smart home and managed Wi-Fi company Gamgee.
The fellowship of increased connectivity
Under the newly formed alliance, the two companies, Teltonika and Gamgee, will target to launch new smart home and managed wireless services. These devices and services will be developed by Gamgee and powered by Teltonika Networks products and the setup will include 4G LTE, Wi-Fi, Bluetooth, and GPS connectivity. This partnership is for expanding the companies’ capacities to offer managed Wi-Fi and smart network services to more consumers and business customers across multiple technology platforms.
“Teltonika Networks is largely recognised for developing innovative IoT business and office solutions that are driving the upcoming IoT revolution. Thanks to this partnership, Gamgee will be able to expand its reach and deliver the unique value of easy network management to a large audience that includes businesses and public institutions,” says Paul Hendriks, the CEO of Gamgee.
According to the company, the name Gamgee comes from Samwise Gamgee, also known as Sam, a Hobbit of the Shire – a prominent character from J. R. R. Tolkien’s epic fantasy novel, The Lord of the Rings. “As Sam proved himself to be Frodo’s closest and most dependable companion, the most loyal of the Fellowship of the Ring. He also played a crucial role in protecting Frodo and destroying the One Ring. It is Gamgee’s aspiration to be the wireless smart home network companion,” the company explains.
“We are looking forward to extending our presence to not only industrial and business areas but also a smart-home environment with the help of Gamgee,” comments Julius Švagždys, Chief Corporate Marketing at Teltonika .
This article is produced in collaboration with StartupAmsterdam. Read more about our partnering opportunities.
