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Netmore Group expands global presence with acquisition of LoRaWAN network operator Everynet

PRIVATEOct 30, 2024

Acquiring Company

Netmore Group

Acquired Company

Everynet

StockholmDelftHardwareTelecommunicationsInformation Technology

Description

Netmore Group, a leading global LoRaWAN network operator, has announced the strategic acquisition of Everynet, a LoRaWAN network operator based in Delft, Holanda. This acquisition, pending regulatory approval, will expand Netmore’s direct presence to 17 countries, strengthening its position as the leading LoRaWAN network operator globally. The integration of Everynet’s operations and expertise aligns with Netmore’s commitment to providing unique Network-as-a-Service (NaaS) and Platform-as-a-Service (PaaS) offerings, reinforcing its capability to support digital transformation in public utilities, energy management, and global tracking and location markets.

Quick answer

Netmore Group is acquiring Everynet, announced October 30, 2024. Netmore Group is based in Stockholm, Stockholm County, Sweden.

How much did Netmore Group pay for Everynet?
The deal value was not disclosed.
What does Netmore Group do?
Netmore Group is an IoT network operator, building the leading multinational network to advance sustainable business practices.
Where are Netmore Group and Everynet based?
Netmore Group is based in Stockholm, Stockholm County, Sweden. Everynet is based in Delft, South Holland, Netherlands.
Who are the decision-makers at Netmore Group?
Fundz holds 1 contact at Netmore Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Netmore Group

Location

Stockholm, Stockholm County, Sweden

About

Netmore Group is an IoT network operator, building the leading multinational network to advance sustainable business practices. We offer a reliable network platform and leading connectivity expertise for efficient measuring, monitoring, and optimisation of resource use. With 10 years in the industry, we have a solid track record, operating borderless on the European market and have grown to become a leading global network operator.

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Frequently asked

Who acquired Everynet?

Everynet was acquired by Netmore Group, based in Stockholm. The deal was reported on October 30, 2024. Netmore Group is an IoT network operator, building the leading multinational network to advance sustainable business practices. Netmore Group is privately held and operates in Hardware.

When did Netmore Group acquire Everynet?

Netmore Group's acquisition of Everynet was reported on October 30, 2024. Netmore Group, a leading global LoRaWAN network operator, has announced the strategic acquisition of Everynet, a LoRaWAN network operator based in Delft, Holanda. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Everynet do?

Everynet is a LoRaWAN network operator headquartered in Delft, Holanda, with offices across Europe, North and South America, and Asia. It is privately held, operating in Information Technology, and is based in Delft.

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