The acquisition expands Kore‘s capabilities, allowing it to deliver managed connectivity services and solutions to customers to maximize their return on investments. It allows Kore to further its role in the global deployment of eSIM IoT capabilities, and strengthens its operations in Europe and Asia Pacific.
The company’s partners are poised to benefit.
“This gives Kore’s value-added resellers, master agents and subagents a broader set of IoT connectivity options to resell,” Jason Rutherford, Kore’s executive vice president and chief revenue officer, told Channel Partners. “In addition, the acquisition increases Kore’s global footprint, providing our partners with more robust offerings to sell in Europe, Latin America, and Asia Pacific. This also extends Kore’s offerings into Africa, a continent that is projected to have high IoT growth rates.”
Kore is pivoting toward vertical-specific offerings, delivering bundles at the industry use case level in industries such as fleet, health care, logistics, industrial and more. These offerings directly address the challenges, business drivers and revenue opportunities in each specific industry, according to the company.
Aspider-NGI provides as-a-service infrastructure for mobile access, applications and connectivity services, using core network and value-added services across voice, data and messaging. The company is able to provision advanced connectivity services to companies and carriers across geographies with its own core network.
“[This] acquisition demonstrates Kore’s commitment to global growth and innovation,” noted Scott Wiley, senior vice president of product strategy and product management. “With ASPIDER-NGI, Kore now delivers comprehensive managed network services and solutions to the world’s leading enterprises and application solution providers. Also, KORE furthers its leadership position as the world’s largest independent IoT solutions provider and reinforces its leadership role in the global deployment of eSIM capabilities.”
|Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.|
Aspider-NGI also has developed its next-generation eSIM Connectivity Hub.
“Perhaps most significantly, the acquisition includes ASPIDER-NGI’s eSIM solution,” said Rutherford. “This enables Kore’s partners to resell a remotely programmable SIM card, with a subscription platform and access to global connectivity through multiple carrier relationships.”
“We are thrilled about becoming a part of Kore,” added Jan Mooijman, Aspider-NGI’s CEO. “Having a long-standing partnership with Kore, we see the commitment to growth and innovation, as well as a strong cultural fit around helping customers solve complex IoT and mobile connectivity challenges through core networking and managed services. Kore brings a commitment to the market, backed by investment capability, that we believe will be beneficial, and we look forward to a very positive next chapter for our employees, customers and portfolio evolution.”
.@informatechhq adds IHS Markit's TMT assets to its growing portfolio of products and capabilities. goo.gl/fb/whGbsh
May 24 2019 @ 15:22:08 UTC