Laird Connectivity, a provider of wireless modules, internal antennas, IoT (internet of things) devices and wireless services and a portfolio company of Audax Private Equity, has bought Boundary Devices, a California-based designing and manufacturing company for system-on-modules (SOM) and single-board computers (SBC), from Montage Partners.
Founded in 2003 and headquartered in Lake Forest, Calif., Boundary Devices offers SOM and SBC products that serve a customer base across high-growth end markets, including IoT, commercial equipment, laboratory instruments and industrial automation. The deal aims to expand Laird Connectivity’s portfolio by providing a complement of SOM and SBC products for a range of customer applications. Laird Connectivity works to simplify wireless connectivity for its customers by combining Boundary Devices’ services with its wireless connectivity portfolio.
“Through combining Laird Connectivity’s wireless portfolio with the advanced embedded computing solutions from Boundary Devices, we can significantly enhance the value we bring to our customers,” comments Bill Steinike, CEO of Laird Connectivity. “This acquisition, with the expansion of our product families and added resources across our advanced engineering teams, is a critical milestone in our strategic vision to help our customers accelerate and enable innovative wireless solutions.”