The network infrastructure company European Connectivity Networks (ECN), which is jointly owned by Netmore Group and the infrastructure company Polar Structure, acquires the Dutch LoRaWAN operator Techtenna. The deal covers both network infrastructure and existing customer agreements, and is expected to contribute to significant sensor growth in the IoT network in the coming years.
“The acquisition of Techtenna is an important step for our European IoT expansion. We enable the conditions to easily and cost-effectively connect smart meters and sensors that provide conditions for measurability and traceability. The deal also means that the good cooperation between Polar Structure and Netmore takes the next step and that our joint company European Connectivity Networks is developed in line with the expectations”
says Tobias Emanuelsson, CEO, Polar Structure
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