Netmore Group Continues Global Expansion with the Acquisition of LoRaWAN® Network Operator Everynet
Stockholm, Sweden – (October 30, 2024) - Netmore Group, a leading global LoRaWAN network operator, today announced continued strategic global expansion through the acquisition of the assets and operations of Everynet, a LoRaWAN 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.
The acquisition of Everynet adds more than 1 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.
