Screen_Shot_2014-10-02_at_12.37.26_PM
Call

KORE Wireless Group Acquires RacoWireless

Learn how KORE can help your business

Transaction Enabled by Recent Strategic Investment in KORE by ABRY Partners
 

ATLANTA, BOSTON and CINCINNATI – November 11, 2014 – KORE Wireless Group, Inc. (“KORE”), the leading global provider of managed M2M communications services, today announced that ABRY Partners (“ABRY”) one of the most experienced and successful communication sector-focused private equity investment firms in North America, has acquired a majority interest in KORE. This investment, established in conjunction with the current KORE partners, provides growth and acquisition capital that will allow KORE to further its goal of creating the pre-eminent independent provider of broad-based M2M service solutions on a global basis.

As the first step in its broader strategy, KORE also today announced the acquisition, in an all-cash transaction, of RacoWireless (“Raco”), a company recognized for its experience and reputation for making IoT/M2M easy by providing end-to-end connectivity solutions. Following the completion of this transaction, the combined company will have offices in five countries and serve more than 3 million subscribers on behalf of over 1,500 customers using services in more than 110 markets around the world.

Read More
KORE Acquires RacoWireless FAQs
Acquisition FAQs

Frequently Asked Questions Regarding the Raco Acquisitions by KORE

Here are the most Frequently Asked Questions.

Transition guide
Our Blog

IoT from Point A to Point B: Enter External IoT Service Providers

The Internet of Things (IoT) has become a buzzword, though in reality, it’s still very much in its infancy. According to Gartner, IoT applications remain “an early adopter investment.” With that...

Read more >>

Info Graphic of KORE Raco Announcement
Infographic

KORE Changes the M2M/IoT Landscape

The recent announcement of the KORE acquisition of RacoWireless is setting the stage for an industry inflection point and will aid the growth of the M2M and IoT marketplaces.

Transition guide

KORE Informational Video

Alex Brisbourne, CEO talks about the New KORE

 

Acquisition to provide most effective services for connectivity and applications: