Netmore expands LoRaWan footprint via acquisition  

Global LoRaWan network operator Netmore Group has acquired Everynet, a network operator headquartered in Delft, Netherlands, and with offices throughout Europe, North and South America, and Asia.

The acquisition, pending regulatory approval, will expand Netmore’s direct presence to 17 countries, positioning the company as the top LoRaWan network operator in the world.

LoRaWan use cases

The acquisition also adds more than one million provisioned sensors spanning a range of key Netmore use cases, including approximately 400,000 track-and-trace devices, 300,000 smart gas meters, 200,000 smart water meters, and multiple additional LoRaWan use cases, bringing total active devices under Netmore management to over 2.3 million.

Additionally, with Everynet operating across four continents, the combination of companies strengthens Netmore’s business operations, coverage areas, and infrastructure and solution partnerships, including immediate and significant expansion into the Latin American and Asia Pacific regions.

“With the LoRaWAN market growing and large-scale sensor deployments becoming common, we’re excited about the next phase of growth as part of Netmore’s expanding operations” 

This acquisition represents one of several growth initiatives for Netmore this year which have also included the acquisition of US LoRaWan operator and platform provider Senet, establishing a local presence in the APAC region, and several operator platform-as-a-service agreements with regional network providers.

“After a long period of fragmentation, the market is reaching an inflection point where consolidation is aligned with global interest in digitising critical utility and energy management operations,” said says Ove Anebygd, CEO Netmore Group.