Mobility Electronics completes iGo acquisition

Mobile computing solutions manufacturer/marketer Mobility Electronics completed its March 25 acquisition of Reno, NV-based rint and online cataloger iGo Corp. Scottsdale, AZ-based Mobility also plans an October launch of a catalog featuring Mobility and iGo products.

During the past five months, Mobility has restructured iGo’s operations, including outsourcing its fulfillment operations, moving its headquarters to a less expensive facility, and consolidating marketing and engineering functions.

“We believe the cumulative effect of these changes will reduce iGo’s operating expenses by more than 50% from their historical levels,” president Charlie Mollo said in a statement. “This expense reduction gives the company strong operating leverage, which should enable us to generate excellent returns as our revenues increase.”