(PRESS RELEASE) HURLEY, UK, 21-Jan-2021 — /EuropaWire/ — Global leading IoT connectivity platform provider, Wireless Logic announces that it completed the acquisition of Norwegian MVNO with a focus on IoT and M2M communication Com4. The transaction which further expanded its presence in Europe is the latest in a line of back-to-back acquisitions for the UK company. Com4 will bring added mobile capability and expertise, while also strengthening the Wireless Logic’s presence in the Nordic region.
Headquartered in Oslo, Com4 was founded in 2011 and today employs a team of 18 professionals with a wealth of experience across applications from smart metering to the industrial IoT. Co-founders Henning Solberg (COO) and Raymond Berntsen (Sales Manager) remain a critical part of the management team.
Com4 is one of the few operators in Norway with its own dedicated core network and M2M platform, making it fully equipped to deliver advanced mobile communication services to the professional market. Over the course of the past decade, the company has established itself as a pioneering business, utilising eSIM and NB-IoT/LTE-M cellular based “low-power” network technologies.
Stein André Larner, CEO of Com4, comments: “Our core focus is mobile data communication in every link of the chain, from design to delivery and support. This means that our customers’ communication needs and challenges are met with understanding and competence throughout our entire value chain. With the support of the Wireless Logic group, we are confident that we will be able to enhance our offering further.”
The acquisition was completed on 15th Jan 2021. Larner, as well as Solberg, Berntsen and the whole Com4 team, will continue to fulfill their roles at Com4 post-acquisition.
Oliver Tucker, CEO at Wireless Logic, says: “By welcoming such a talented team to our ever-expanding business, we are able to bolster expertise and boost capabilities, paving the way for sustained business expansion in 2021. We’ll be working closely with Com4 to ensure that they are able to continue their growth path, whilst leveraging the advantages of being part of the Wireless Logic group.”
Stein Andre Larner, CEO of Com4
Phone: +47 47900777
SOURCE: Com4 AS