By Heather Lusk
Zionsville-based Mobi has merged with New Jersey-based Tangoe to create a business that Mobi co-founder Josh Garrett said will benefit employees and customers.
“The services that Tangoe has today our customers have been asking us to do, and the services and software that Mobi has today Tangoe’s customers have been asking them to do,” Garrett said. “It’s almost spooky how well they complement each other.”
Tangoe will have two primary offerings: Manage connected devices and manage traditional wireline technology. It provides customers technology-expense management with managed mobility services.
Garrett said the company must retain Mobi’s corporate culture. Corporate culture also is important to the new leadership at Tangoe.
Garrett, who will become president of the new division devoted to managed mobility services, said he and other leaders at Mobi would not have considered the merger if it hadn’t been in the best interests of customers and employees. Scott Kraege, Mobi CEO and co-founder, will join Tangoe’s board of directors.
Some of Tangoe’s employees will relocate to Indiana and 25 new employees will soon be hired. Garrett estimates that 800 employees will eventually be part of the division that will be based in Zionsville, although employees may work elsewhere.
Garrett said expansion will be necessary but is committed to staying in Zionsville. He said it makes logistics sense to expand within Northwest Technology Park where Mobi is located.
Although the Mobi name will be discontinued, the new Tangoe logo incorporates the Mobi green using the same font and power symbol.
Mobi was founded in 2009. Garrett said the growth of the past decade surpassed his expectations.
“The thing I would have predicted 10 years ago is not near what came to fruition, but I’m super happy,” he said.