LoRaWAN Network Operator Netmore Group, announces global expansion through the acquisition of Senet, Inc. This acquisition positions the combined entity as the leading platform and most customer-centric partner for IoT B2B-deployments at-scale.
"I am thrilled to announce this acquisition which reflects our ongoing commitment to become the world’s leading provider of global carrier-grade IoT connectivity. The acquisition of Senet is a very important step in Netmore’s expansion plan. After our build out of LoRaWAN in Europe, now covering 11 countries, this expansion into the US is a pivotal part of our growth strategy and aligned with our commitment to the deployment of infrastructure needed to support global business automation and sustainability initiatives. This acquisition brings together highly complementary teams, technology, and operations that position Netmore to create even more value for our customers, employees, and shareholders as we become the driving force behind the next stage of market growth,” says Ove Anebygd, CEO Netmore Group AB
"Now, more than ever, we are positioned to engage and execute with technology leaders, solution providers, integrators, and channel partners to drive innovation into the market and accelerate the adoption of LoRaWAN technology across markets. Our long-term commitment remains firmly rooted in delivering innovative products and exceeding customer expectations with best-in-class customer support, while building and maintaining strong relationships with the customers, partners, and suppliers across the markets we serve," says Bruce Chatterley, CEO, Senet, Inc.
Full press release:
https://lnkd.in/d_MrJ2Gt
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Andreas Stenhager, Arti Ots, Martin Edofsson
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