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Tuesday, October 29, 2024

OptConnect Completes Add-on Acquisition of Capestone to Increase World Connectivity Options


OptConnect Completes Add-on Acquisition of Capestone to Expand Global Connectivity Solutions

OptConnect, a pacesetter in managed wi-fi companies, at present 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 international managed wi-fi connectivity platform of scale, able to supporting prospects throughout a number of industries and answer wants world wide.

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

Headquartered in Leiden, Netherlands, Capestone has spent 15 years perfecting IoT options together with sturdy cell web options, IoT networks, and important communications throughout various industries. These embrace — however aren’t restricted to — healthcare, transportation, maritime, development, industrial IoT, retail, and surveillance. Capestone and OptConnect share a customer-centric mannequin that simplifies connectivity whereas offering a variety of managed companies. With absolutely managed options, prospects can concentrate on core enterprise choices as a substitute of managing their mobile units. Capestone has many native service relationships to help prospects with quite a lot of options and aggressive charge plans all through Europe and past.

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

“This new partnership is a key step in strengthening our international presence,” mentioned Chris Baird, CEO of OptConnect. “With the addition of Capestone, OptConnect can now considerably broaden its capabilities in Europe and supply extra seamless and dependable wi-fi connectivity options worldwide. Our focus stays on empowering prospects to attain their IoT targets, and this strategic transfer ensures we will proceed delivering worth and innovation on a worldwide scale.”

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

“Our firm has at all times prioritized delivering cutting-edge connectivity options to fulfill the evolving calls for of our prospects,” mentioned Jos Ouwerkerk, Managing Director of Capestone.

“By becoming a member of forces with OptConnect, we’re not solely increasing our attain but in addition enhancing our means to supply much more progressive and scalable IoT options. This partnership permits us to leverage OptConnect’s international expertise whereas persevering with to ship the distinctive service and tailor-made options our prospects have come to anticipate.”

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