KORE Wireless Group Acquires Twilio's IoT Division


Mobile virtual network providers promote competition and choice in mobile markets. Offering a breadth of specialized services and mobile connectivity increases for underserved populations, MVNOs expand access for less-accessible areas, typically with flexible pricing models that cater to specific customers’ needs.

In terms of connections, MVNOs have developed hand-in-hand relationships, at times, with those operating in the Internet of Things. With connectivity solutions aplenty for IoT devices, including low-power wide-area network (LPWAN) technologies like Narrowband IoT (NB-IoT) and LTE-M, MVNOs can provide cost-effective connectivity must-haves for IoT deployments. These are especially beneficial when considering inter-communicating IoT apps that require low data rates, longer battery life, and extended coverage.

Given such support can often prove indispensable, an announcement made earlier today by KORE Wireless Group is great news.

For nearly two decades, KORE’s experts have helped customers turn fragmented IoT offerings into compelling new services designed for simplicity and scalability. Besides simplifying bevies of IoT operations, KORE upgrades eSIMs for future-proofed multi-networked connectivity, and aids those interested in moving beyond 2G and 3G in order to accelerate IoT services.

So, the news:

This morning, KORE announced that it’d signed a deal to acquire the IoT division of the customer engagement platform and programmable communication tools company, Twilio.

The long story short? This is a big move from KORE; the acquisition of Twilio is a win for pure-play IoT, and a representative suggested that this will make KORE “an even more exciting top-line growth company” that will put it on the road towards “the world’s first IoT hyperscaler.”

“This is a meaningful step toward proliferating IoT and making it more accessible and successful,” said Romil Bahl, President and CEO at KORE. “This acquisition represents exactly the kind of investment we have said we are willing to make. We will certainly benefit from the world-class digital experience and developer community Twilio has built for its IoT business.”

Taylor Wolfe, Head of IoT at Twilio, is also all in on this decision.

“We’re just scratching the surface of the opportunities IoT can unlock,” Wolfe said, “and KORE has the right expertise, vision, and technology to expend the robust offerings our IoT team has built. KORE is definitely the right home for our IoT business, and we look forward to creating even more powerful business outcomes going forward.”

Edited by Greg Tavarez
Get stories like this delivered straight to your inbox. [Free eNews Subscription]
Related Articles

Direct-to-Device Innovation, Courtesy of Viasat and Skylo Technologies

By: Alex Passett    11/28/2023

Viasat and Skylo Technologies seek to unlock the potential of Direct-to-Device (D2D) services for consumers, businesses and governments around the wor…

Read More

5G IoT Connectivity to Benefit from New Partnership Between OQ Technology and o2 Telefonica

By: Alex Passett    11/27/2023

OQ Technology and o2 Telefonica have signed their MOU on boosting 5G IoT connectivity together, kicking off mainly in Q2 of 2024.

Read More

Schneider Electric Integrates Microsoft Azure OpenAI for Sustainable Solutions

By: Greg Tavarez    11/21/2023

Schneider Electric tapped into its collaboration with Microsoft to integrate Microsoft Azure OpenAI into its operations, utilizing algorithms to gener…

Read More

Connectivity Standards Alliance Unlocks the Future of Digital Access with Aliro

By: Greg Tavarez    11/20/2023

Aliro is a new effort aimed at transforming how users unlock doors or other entry points using their mobile device or wearable.

Read More

AEye Introduces In-Cabin Lidar with Peak Performance

By: Greg Tavarez    11/16/2023

The 4Sight Flex is designed to be energy-efficient and low-cost and can detect objects up to 275 meters away.

Read More