Wireless Logic has acquired Norwegian MVNO Com4 to enhance its IoT connectivity capabilities in the Nordic region.
Target Information
Wireless Logic, a leading provider of IoT connectivity solutions, has successfully expanded its European operations by acquiring Com4, a Norwegian Mobile Virtual Network Operator (MVNO) specializing in Internet of Things (IoT) and Machine-to-Machine (M2M) communication. Established in 2011, Com4 is headquartered in Oslo and consists of a skilled team of 18 professionals well-versed in various applications, ranging from smart metering to industrial IoT. The management team includes co-founders Henning Solberg (Chief Operating Officer) and Raymond Berntsen (Sales Manager), who will continue to play pivotal roles in the company post-acquisition.
Com4 distinguishes itself as one of the few operators in Norway possessing its own dedicated core network and M2M platform, enabling it to provide advanced mobile communication services tailored for the professional market. Over the last decade, the company has positioned itself as a pioneering force, adopting innovative technologies such as eSIM and NB-IoT/LTE-M, designed for low-power cellular networks.
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Industry Overview in Norway
The IoT and M2M communication sectors in Norway are witnessing significant growth, driven by increasing demand for connectivity solutions across various industries. Businesses are increasingly investing in I
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Wireless Logic
invested in
Com4
in 2021
in a Buy & Build / Roll-Up deal