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IoT Networks

Netmore Group Acquires Senet to Boost Global IoT Connectivity

Kurrant News Desk · ·1 min read
Mergers and AcquisitionsNetmore GroupSenetPolar StructureIoT Networks

Swedish Netmore Group has announced the acquisition of US-based LoRaWAN network specialist Senet to expand its international operations across 11 different countries. Financially supported by Polar Structure, the majority shareholder of Netmore, along with Fisk Ventures, the main investor in Senet, the acquisition is expected to strengthen Netmore’s global presence and IoT connectivity offerings. The Swedish company claims to manage over one million connected devices.

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