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Reading: OptConnect Completes Add-on Acquisition of Capestone to Broaden International Connectivity Options
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The Wall Street Publication > Blog > Business > OptConnect Completes Add-on Acquisition of Capestone to Broaden International Connectivity Options
Business

OptConnect Completes Add-on Acquisition of Capestone to Broaden International Connectivity Options

Editorial Board Published October 3, 2024
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OptConnect Completes Add-on Acquisition of Capestone to Broaden International Connectivity Options
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OptConnect, a pacesetter in managed wi-fi providers, as we speak introduced it has acquired Netherlands-based Capestone, a supplier of 4G and 5G IoT options throughout Europe.

Capestone follows the acquisition of Premier Wi-fi Options and M2M DataGlobal, which had been accomplished in November 2021 and January 2024, respectively. Collectively these companies create a premier world managed wi-fi connectivity platform of scale, able to supporting clients throughout a number of industries and answer wants around the globe.

The Capestone acquisition considerably will increase OptConnect’s world protection and enhances the variety of finish markets and verticals that the mixed enterprise can assist. Capestone provides a wealthy legacy of {hardware} relationships together with a proprietary set of IoT software program, providers, and connectivity bundled collectively beneath the Comgate model. When it comes to attain, Capestone is lively in additional than 60 nations and helps over 1,000 channel companions and enterprises.

Headquartered in Leiden, Netherlands, Capestone has spent 15 years perfecting IoT options together with strong cellular web options, IoT networks, and demanding communications throughout various industries. These embrace — however are usually not restricted to — healthcare, transportation, maritime, building, industrial IoT, retail, and surveillance. Capestone and OptConnect share a customer-centric mannequin that simplifies connectivity whereas offering a variety of managed providers. With absolutely managed options, clients can concentrate on core enterprise selections as an alternative of managing their mobile gadgets. Capestone has many native service relationships to assist clients with a wide range of options and aggressive price plans all through Europe and past.

In January of 2024, OptConnect acquired M2M DataGlobal, increasing its attain and providers into Latin America. Collectively, OptConnect, M2M DataGlobal, and Capestone present managed wi-fi providers to greater than 10,000 distinctive clients throughout the globe.

“This new partnership is a key step in strengthening our global presence,” mentioned Chris Baird, CEO of OptConnect. “With the addition of Capestone, OptConnect can now significantly expand its capabilities in Europe and provide more seamless and reliable wireless connectivity solutions worldwide. Our focus remains on empowering customers to achieve their IoT goals, and this strategic move ensures we can continue delivering value and innovation on a global scale.”

Capestone will proceed to function beneath the Capestone title at its European headquarters in Leiden, Netherlands. The corporate will even proceed operations in Dusseldorf, Germany and London, United Kingdom. Jos Ouwerkerk will proceed as Managing Director of the Capestone enterprise unit.

“Our company has always prioritized delivering cutting-edge connectivity solutions to meet the evolving demands of our customers,” mentioned Jos Ouwerkerk, Managing Director of Capestone.

“By joining forces with OptConnect, we’re not only expanding our reach but also enhancing our ability to provide even more innovative and scalable IoT solutions. This partnership allows us to leverage OptConnect’s global experience while continuing to deliver the exceptional service and tailored solutions our customers have come to expect.”

TAGGED:acquisitionAddonCapestoneCompletesConnectivityexpandGlobalOptConnectSolutions
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