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Talkpool completes the sale of its IoT network to Netmore and ensures national coverage for its customers
[December 30, 2020]
Talkpool completes the sale of its IoT network to Netmore and ensures national coverage for its customers
STOCKHOLM, Dec. 30, 2020 /PRNewswire/
Talkpool AB sells the network company Nordic IoT Networks AB (NIOT) to Netmore Group AB. The collaboration with Netmore ensures a nationwide IoT network that enables large-scale roll-out of new solutions related to moisture, water damage and radon for customers in in the insurance and real estate industry.
Talkpool started NIOT to ensure LoRaWAN coverage and a functioning market in Sweden for its IoT services and sensors because no network operator then fulfilled that role. Now Netmore has taken on the role of national operator and thus it is natural for Talkpool to sell the network to Netmore and contribute to a consolidation.