Wyless Announces Agreement to Acquire Aspider M2M
Published on: 19th Feb 2014
By: Ian Mansfield
M2M services provider Wyless has announced that it is buying the Europe based MVNE provider of M2M services Aspider.
Headquartered in the Netherlands, Aspider M2M provides a range of M2M applications to customers, principally in the Benelux and for the German speaking markets, where they maintain multiple offices. Aspider M2M runs its own Cisco and Oracle based core network of GGSNs, HLRs and Intelligent Network, which enables it to act as an MVNE for M2M customers.
Wyless said that the acquisition, for an undisclosed amount, will complement its portfolio with these solutions that Aspider M2M has deployed to large customers like Philips Lighting and Stedin, a public utility in Holland.
As part of the acquisition, Aspider's Chairman & founder Jan Willem van Doorn, will join the Wyless Board of Directors, and Michel Zwijnenberg, Aspider M2M Vice President, will take a Senior Exec role within Wyless Europe PLC, resulting from Aspider's integration with Wyless UK.