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RacoWireless
RacoWireless is a provider of wireless products and services focusing on the machine to machine (M2M) industry. The company delivers wireless data and provides a platform for companies to build and support wireless M2M applications. In November 2014, RacoWireless was acquired by a private equity backed, competing M2M MVNO KORE Wireless Group. History RacoWireless was initially formed as a subsidiary of RACO Industries LLC in Cincinnati, Ohio. The parent organization RACO Industries was founded in 1988 by current CEO Rob Adams as a value-added reseller of barcoding hardware and data-collection services. The company also partnered with network carriers to provide vehicle-tracking solutions. In 2005, the company shifted its focus towards data aggregation and began building a data aggregation platform. The following year, the company was approached by T-Mobile with the concept of becoming a data aggregator in the M2M space, and RacoWireless was officially founded in 2006. RacoWi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KORE Wireless
KORE Wireless Group specializes in Internet of Things (IoT) systems. It is headquartered in Alpharetta, Georgia. In March 2021, KORE and Cerberus Telecom Acquisition Corp. announced a definitive merger agreement. Upon completion of the transaction, the combined company, which has a pro forma valuation of $1.04 billion, expects to be listed on the New York Stock Exchange under the ticker symbol “KORE”. History KORE was founded in 2002 by Chris Scatliff by acquiring Zero Gravity Wireless, a Microcell reseller and support software developer. With Alex Brisbourne and William Greenberg as part of the founding team, KORE was repositioned as a provider of Machine-to-Machine connectivity. Following the acquisition of Microcell by Rogers Wireless, KORE expanded its wholesale agreement to provide M2M and Mobile Virtual Network Operator (MVNO) footprint in Canada. Wireless Matrix Corp selected KORE to provide the platform for fleet management across North America. In 2010 Geotab sele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |