KORE Wireless Group specializes in

Internet of Things The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other comm ...

(IoT) systems. It is headquartered in

Alpharetta, Georgia Alpharetta is a city in northern Fulton County, Georgia, United States, and is a part of the Atlanta metropolitan area. As of the 2020 US Census, Alpharetta's population was 65,818 The population in 2010 was 57,551. History In the 1830s, the Ch ...

. 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 A microcell is a cell in a mobile phone network served by a low power cellular base station (tower), covering a limited area such as a mall, a hotel, or a transportation hub. A microcell is usually larger than a picocell, though the distinction ...

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 Rogers Wireless Inc. is a Canadian wireless telephone company headquartered in Toronto, providing service nationally throughout Canada. It is a wholly owned subsidiary of Rogers Communications. The company had revenues of just under $15.1 billi ...

, KORE expanded its wholesale agreement to provide M2M and

Mobile Virtual Network Operator A mobile virtual network operator (MVNO) is a wireless communications services provider that does not own the wireless network infrastructure over which it provides services to its customers. An MVNO enters into a business agreement with a mobil ...

(MVNO) footprint in Canada. Wireless Matrix Corp selected KORE to provide the platform for fleet management across North America. In 2010

Geotab Geotab Inc. is a privately held company that provides telematics hardware solutions ( In-Vehicle Monitoring Systems aka IVMS) which it presents as Internet of Things (IoT) devices. These devices feed their software as a service analytics platform. ...

selected KORE to enable it to expand its European fleet management products. KORE signed an agreement with both

Vodafone Vodafone Group Public limited company, plc () is a British Multinational corporation, multinational Telephone company, telecommunications company. Its registered office and Headquarters, global headquarters are in Newbury, Berkshire, England. It ...

and

Iridium Communications Iridium Communications Inc. (formerly Iridium Satellite LLC) is a publicly traded American company headquartered in McLean, Virginia. Iridium operates the Iridium satellite constellation, a system of 66 active satellites and 9 in-orbit spares us ...

to expand its MVNO M2M service to more than 180 countries in March 2011. After launching M2M consulting company KORE Systems, the company then acquired all assets of nPhase from

Verizon Wireless Verizon is an American wireless network operator that previously operated as a separate division of Verizon Communications under the name Verizon Wireless. In a 2019 reorganization, Verizon moved the wireless products and services into the divi ...

. In May 2013, KORE became a founding member of the International M2M Council, with KORE's then COO Alex Brisbourne joining the Council's Board of Governors. In November 2013, Inmarsat appointed KORE as its M2M distribution partner, In March 2014, KORE acquired Jazz Wireless Data to further enhance its service portfolio. In November 2014, KORE announced that ABRY Partners would invest in KORE and simultaneously announced that KORE would acquire RacoWireless. In April 2016, KORE acquired Wyless Group. Wyless Group, founded in 2003 by Christopher Lowery, a UK telecoms entrepreneur, had operating subsidiaries in UK, USA, Europe, Latin America and Asia. In December 2018, KORE announced its acquisition of Aspider. In December 2019, KORE announced its acquisition of Integron, an IoT solutions and managed services provider. In February 2022, KORE acquired Business Mobility Partners and SIMON IoT.

Awards and recognition

*2021: ''

MarketWatch MarketWatch is a website that provides financial information, business news, analysis, and stock market data. Along with ''The Wall Street Journal'' and ''Barron's'', it is a subsidiary of Dow Jones & Company, a property of News Corp. Histor ...

'' "KORE Named as a Leader in 2021 Magic Quadrant for Managed IoT Connectivity Services" *2021: ''

PR Newswire PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, ...

'' "M2M Innovative Solution of the Year: KORE eSIM Device Validation Tool" *2020: ''

Questex MidOcean Partners is a New York-based alternative asset management firm that specializes in mid-sized private equity and alternative leveraged investments. The firm, founded in February 2003, is based in Midtown Manhattan. MidOcean was origina ...

'' "KORE’s SecurityPro™ Named 2020 Security Technology Award Winner in the Fierce Innovation Awards" *2007: ''

Network World International Data Group (IDG, Inc.) is a market intelligence and demand generation company focused on the technology industry. IDG, Inc.’s mission is centered around supporting the technology industry through research, data, marketing technol ...

'' "Top Nine Wireless Companies to Watch"; *2008: ''

Red Herring A red herring is a figurative expression referring to a logical fallacy in which a clue or piece of information is or is intended to be misleading, or distracting from the actual question. Red herring may also refer to: Animals * Red herring (fis ...

'' "100 North America".

References

{{Ambient intelligence Companies based in Fulton County, Georgia Telecommunications companies established in 2003 Mobile technology companies Information technology companies of the United States Mobile virtual network operators Mobile phone companies of the United States Service-oriented architecture-related products 2003 establishments in Georgia (U.S. state)