LinkAmerica expands its business group by integrating Lantern Technologies, a Costa Rican startup specializing in IoT.

After years of close business collaboration, both parties decided to take this step forward. According to the companies, the combination of skills, experience, track record, and market presence makes an organization even more capable of serving customers worldwide and competing in the global marketplace.

Lantern Technologies was founded in 2015 by two electronics engineers who graduated from the Technological Institute of Costa Rica; after 15 years of working in multinational corporations decided to launch a startup focused on the development of their own IoT technology and artificial intelligence. The company initiated to become an early pioneer in developing inventions in the Internet of Things field, taking advantage of the tremendous technical talent in Costa Rica. After eight years, the company has developed clients in Latin America, Europe, and the United States. Its portfolio of products includes monitoring and control systems to increase efficiency in the manufacturing industry and agriculture, assets and people tracking within smart buildings, fleet management, and maintenance solutions for transportation.

For its part, LinkAmerica is a technology services company with more than 30 years in the US market. Its headquarters are in Dallas, Texas, with operations and businesses in 13 countries. For its CEO, Andres Ruzo, the decision to incorporate Lantern Technologies was a natural step within its expansion strategy and corporate strengthening towards activities of greater added value, differentiation, and incursion into businesses with intellectual property. The commercial relationship with Lantern began more than five years ago, and the synergy between both companies materialized with this union.

Lantern's CEO, Albán Sánchez, commented that in 2015, IoT was beginning to take its first steps. "We were determined to launch a company in Costa Rica with local talent to develop disruptive solutions involving research, development, and innovation processes, ranging from designing electronic components, sensors, communication networks, and even web platforms for the end user. This union with LinkAmerica comes to expand the size of that dream with which we originally founded the company."

In the agreement, Lantern Costa Rica's headquarters and commercial representation in the United States now become LinkAmericaLabs, a division of LinkAmerica LLC, specializing in offering technological innovation services to the firm's global clients.