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GainSpan: The Invisible IoT Giant
How a 28-person team powers global IoT without a website presence
GainSpan.com redirects to Telit Cinterion, but the real story isn't about a website—it's about a stealthy acquisition that removed a 28-person IoT pioneer from the public market. With zero web traffic but $6.9M in revenue, this is the anatomy of a ghost company that still matters.
"GainSpan isn't dead—it's been absorbed into a larger organism, and its DNA now powers IoT devices globally."
The Acquisition Ghost
GainSpan was acquired by Telit (now Telit Cinterion), a move that effectively erased the brand's digital footprint. The domain gainspan.com now redirects to telit.com, but the team remains active—led by Pankaj Vyas (VP Software & Systems, MD India) and Michael Hutchinson (CFO). This isn't a shutdown; it's a strategic absorption. The 28 employees are now part of a larger IoT solutions enabler, working behind the scenes to connect devices worldwide.
Revenue Without Traffic
Zero monthly visits. Zero organic keywords. Zero backlinks. Yet $6.9M in revenue. This is the ultimate ghost-in-the-machine business model. GainSpan doesn't need a website because its customers are OEMs and industrial players who buy through direct channels. The company's value isn't in SEO—it's in the silicon and software inside connected devices. While startups obsess over web traffic, GainSpan proves that B2B IoT can thrive in the shadows.
The tech stack tells a story of minimalism: jQuery, Tailwind CSS, Bootstrap. These are lightweight, performant tools—perfect for a redirect page that needs to load fast and disappear. No complex CMS, no analytics bloat. Just a clean, efficient redirect to its parent company. This is engineering pragmatism at its finest.
- Acquired by Telit, erased from the public web, but still operational
- 28 employees maintain revenue streams through industrial partnerships
- Zero digital footprint suggests a purely B2B, relationship-driven sales model
- The domain is a relic, but the technology lives on in Telit's IoT portfolio
The Ultimate Stealth Startup
GainSpan proves that in B2B IoT, revenue matters more than web traffic. The company is a ghost in the machine—present everywhere but visible nowhere.
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https://www.telit.com/wp-content/uploads/2023/02/tc-home-feature.jpg
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Telit Cinterion | An End-to-End IoT Solutions Enabler
Telit Cinterion offers comprehensive IoT solutions that reduce time to market and costs through custom, market-ready connected devices.
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About gainspan.com
Telit Cinterion offers comprehensive IoT solutions that reduce time to market and costs through custom, market-ready connected devices.
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Technology Stack
gainspan.com uses 15 technologies across their website including Font Awesome, Google Fonts, PHP, WordPress, and more.
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Font Awesome, Google Fonts
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PHP
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WordPress
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Osano
Analytics & Marketing
Google Tag Manager, Google Analytics
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Lazy Loading, Priority Hints
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gainspan.com receives approximately 0 monthly visitors. The website has a bounce rate of 0% with visitors viewing an average of 0.0 pages per visit. Users spend an average of 0:00 on the site.
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