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MD-based Apkudo Acquired Mobile reCell

MD-based Apkudo Acquired Mobile reCell. The pioneer of software-driven IT asset recovery for corporate-owned IT assets.

MD-based Apkudo Acquired Mobile reCell. The pioneer of software-driven IT asset recovery for corporate-owned IT assets.

The combination of Mobile reCellā€™s software-driven recovery of corporate-owned IT assets and Apkudoā€™s existing solution portfolio sets a new standard for the connected device supply chain.

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The acquisition advances Apkudoā€™s ability to deliver new levels of sophistication for collaboration, innovation, and transparency across the value chain through Apkudoā€™s Circular Industry Platform.

Ben Jones, Founder and CEO of Mobile reCell said, ā€œThis exciting day has been a long time in the making, This acquisition accelerates Mobile reCellā€™s vision to provide businesses of all sizes the technology necessary to ensure their retired corporate-issued devices are securely and sustainably recovered and reused. Our combined team shares a passion for the circular economy and ensuring devicesā€”and the valuable resources they containā€”remain in use at their highest value for as long as possible, benefiting both business and society. We are truly committed to reshaping the industry.ā€

Founded in 2014, Mobile reCell helps enterprises automate the recovery, reuse, resale and recycling of company-owned IT assets like smartphones, tablets and laptops.

Every year, businesses across the globe issue millions of IT assets and do not consider the recovery processā€”how theyā€™ll retrieve the IT asset following an employeeā€™s departure or device upgradeā€”resulting in exposure to data loss and pollution of the Earth with e-waste.

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Through this acquisition, Apkudo strengthens its leadership position in the device lifecycle ecosystem by adding a channel for the more than hundreds of million of corporate-owned devices currently in circulation.

Josh Matthews, CEO and Co-Founder of Apkudo said, ā€œThe addition of Mobile reCellā€™s intuitive enterprise-level software boosts our focus on visibility and sustainability, Connecting the business process of enterprise recovery for corporate-owned devices to Apkudoā€™s existing connected device supply chain solutions allows our customers to gain visibility into device recovery results and environmental impact while maximizing the value of their devices by transforming a linear process into a circular supply chain.ā€

About Apkudo

Headquartered in Baltimore, MD with offices around the world, Apkudo helps companies managing connected devices to maximize device value, minimize labor costs and reduce e-waste. Apkudoā€™s Circular Industry Platform provides a full suite of decision-support and operating tools: automated testing and grading systems, device lifecycle management and resale market integration.

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About Mobile reCell

Mobile reCell is the pioneer of software-driven recovery for corporate-owned IT assets. Supported by broad industry expertise and matching services, Mobile reCell helps organizations ensure data security, automate manual processes, recover maximum value, and deliver a sustainable solution.

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