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OptConnect completes acquisition of Capestone to enhance global connectivity solutions

PRIVATEOct 02, 2024

Acquiring Company

OptConnect

Acquired Company

Capestone

KaysvilleLeidenHardwareSecurityWirelessInformation Technology

Description

OptConnect, a leader in managed wireless services, has finalized the acquisition of Netherlands-based Capestone. This strategic move significantly expands OptConnect’s capabilities in Europe and strengthens its global presence, allowing the company to provide more innovative and scalable IoT solutions to meet the evolving demands of its customers.

Quick answer

OptConnect is acquiring Capestone, announced October 2, 2024. OptConnect is based in Kaysville, Utah, United States.

How much did OptConnect pay for Capestone?
The deal value was not disclosed.
What does OptConnect do?
OptConnect is a longtime leader in managed wireless services and is a leading provider of managed service wireless connectivity for Security Systems, ATMs, Smart Safes, Kiosks, Micro Markets, Digital Signage, and many..
Where are OptConnect and Capestone based?
OptConnect is based in Kaysville, Utah, United States. Capestone is based in Leiden, South Holland, Netherlands.
Who are the decision-makers at OptConnect?
Fundz holds 1 contact at OptConnect. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

OptConnect

Location

Kaysville, Utah, United States

About

OptConnect is a longtime leader in managed wireless services and is a leading provider of managed service wireless connectivity for Security Systems, ATMs, Smart Safes, Kiosks, Micro Markets, Digital Signage, and many other IoT/M2M applications. OptConnect provides a secure and reliable monitored wireless connection to the Internet for unattended equipment. It has spent 15+ years perfecting managed wireless services and offers a superior customer service infrastructure.

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Frequently asked

Who acquired Capestone?

Capestone was acquired by OptConnect, based in Kaysville. The deal was reported on October 2, 2024. OptConnect is privately held and operates in Hardware.

When did OptConnect acquire Capestone?

OptConnect's acquisition of Capestone was reported on October 2, 2024. OptConnect, a leader in managed wireless services, has finalized the acquisition of Netherlands-based Capestone. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Capestone do?

Capestone, a division of OptConnect, is a provider of managed connectivity solutions and related hardware for IoT applications serving high-growth industries, including healthcare, industrial IoT, and transportation. It is privately held, operating in Information Technology, and is based in Leiden.

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