Jersey / Tallinn / London JT IoT, the Jersey – based global IoT Connectivity player backed by Perwyn, has announced the acquisition of Top Connect, MVNO’s international and global roaming provider. The acquisition of this IoT connectivity and roaming provider and its team of experts will accelerate JT IoT’s plan to build a stronger global IoT ecosystem and expand into new markets and use cases.
Top Connect is an Estonian-based connectivity player with a 25-year track record of successfully serving over 100 international customers and distributors. With a core proprietary infrastructure and a wide range of connectivity providers, Top Connect will provide an important diversification of the JT IoT portfolio.
Said Graeme Millar, CEO of JT IoT: “We are delighted to welcome Top Connect to the family. Acquiring Top Connect provides both a major growth opportunity for our business by offering an expanded service to our clients. Mutual access to markets, products and newcomers will greatly enhance the capabilities of both JT IoT and Top Connect teams. ”
Vladislav Sobolev, CEO of Top Connect said: “We are delighted to be working with the JT IoT team. By combining our engineering expertise, core infrastructure and supplier agreements with the JT IoT connectivity platform, we can empower more innovation and create real value for all our global IoT customers. ”
Said Mark Blower, Partner at Perwyn: “Top Connect will bring the right expertise and services we seek to add to the JT IoT portfolio to provide reliable scalable IoT connectivity to businesses worldwide. This acquisition will continue to strengthen our international growth, helping us to achieve the ambitious goals we set for 2022. ”
The merger business will serve more than 500 enterprises and government organizations worldwide and manage more than 10 million IoT connections.
