Horizon Capital-backed Wireless Innovation acquired YB Tracking, a specialist Machine-to-Machine and Internet of Things connectivity and communications provider. “It’s been a transformational year for Wireless Innovation both in terms of organic and now acquisitive growth. At the time of our original investment we made a significant capital commitment to Phil and the team in executing their ambitious strategy and we look forward to continuing to support them with further acquisitions. We are pleased to have completed a deal so soon after Horizon Capital’s launch.” Luke Kingston, Horizon Capital Partner Terms of the transaction were undisclosed.