By 2012 SkyBitz had captured the interest of Telular Corporation, a global leader in connecting businesses and machines over wireless networks. The acquisition of SkyBitz by Telular for a total of $42 million was announced in December 2012. Less than a year later, private equity firm Avista Capital Partners completed its acquisition of Telular for a 31 percent premium to its stock market price. SkyBitz operates as a wholly owned subsidiary of Telular and remains headquartered in the Washington, D.C. metropolitan area.