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AirIQ Inc. has acquired assets from a privately held IoT services dealer, including customers, URL, licenses, and marketing assets. The acquisition adds over 800 devices and $200,000 in annual recurring revenues to AirIQ’s portfolio, with a 70% gross margin. This strategic move is expected to be highly accretive and generate a strong return on investment for shareholders. AirIQ is a pioneer in IoT-based asset management solutions, offering mobile and web-based applications and cloud-based solutions for fleet reporting, maintenance, compliance, safety, and analytics.