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Telit secures credit lines for big tech bet
Thursday 20 Oct 2016 Author: Steven Frazer

Connectivity kit designer Telit Communications (TCM:AIM) has sealed $110m of new credit facilities as it accelerates growth into Internet of Things (IoT) technologies. The loans will provide the financial clout needed to continue its big bet on IoT, an area that is seeing huge investment. (SF)

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