Audax-backed Laird Connectivity completed the acquisition of Boundary Devices from Montage Partners.

Audax-backed Laird Connectivity, a provider of wireless modules, internal antennas, IoT devices and wireless services, completed the acquisition of Boundary Devices, a California-based designing and manufacturing company for system-on-modules and single-board computers, from Montage Partners, a private equity firm. Financial terms were not disclosed. “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. 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,” Bill Steinike, Laird Connectivity CEO.