Atlanta, Feb. 18, 2022: KORE Group Holdings, Inc., a global Internet of Things solutions provider has announced it had acquired mobility solutions providers Business Mobility Partners and SIMON IoT to expand its services and solutions within the healthcare and life sciences industries.
KORE said in a press release that the combined entity will feature a bolstered portfolio of managed IoT services, including industry-leading connectivity offerings coupled with access to world-class pre-configured solutions. Beyond the augmented portfolio of connected health services and solutions, the acquisition also delivers a rich channel program with leading wireless carriers.
“Business Mobility Partners and SIMON IoT fit with the capabilities underpinning our growth strategy and will enable us to rapidly broaden our services in the evolving Life Sciences space,” said Romil Bahl, KORE President and CEO. “IoT is increasingly critical to the execution of clinical trials, as they move to a more digital platform. While KORE has presence in the Life Sciences industry, this tuck-in acquisition helps to extend our portfolio even further in this segment and serves as a true double-down bet in our largest industry sector, Connected Health.”
Image credit: KORE