VELOS IoT launched – main supplier of connectivity to the Web of Issues


Jersey, Channel Islands Velos IoT, a number one provider of connectivity to the Web of Issues, was launched this morning. Velos combines the companies of Jersey primarily based JT IoT, Estonia’s Prime Join and Danish Nextm2m into a world powerhouse offering connectivity to over 12m mobile units around the globe.

With a heritage relationship again to 2014, when JT IoT was fashioned in Jersey as a division of Jersey Telecom, the Velos IoT group has constructed a status as a quick rising and main provider of world Web of Issues connectivity. In summer time 2021 JT IoT was acquired by Perwyn, a European non-public fairness investor. Subsequently Velos IoT has acquired two additional profitable IoT companies – NextM2M in Denmark and Prime Join in Estonia. By extending its product portfolio and vary of shoppers these acquisitions have led in flip to additional success.

Velos IoT logo

Velos IoT emblem

Supported by a crew of over 120 individuals in over a dozen nations, the Velos mission is extra than simply IoT connectivity – we’re right here to allow a sensible, linked, and sustainable world. The brand new group title displays this renewed give attention to agility and the constructive influence that Velos makes with its IoT options.

Graeme Millar, CEO of Velos IoT, mentioned: “We’re extremely happy with the work that we do and grateful to the purchasers, workers, companions and suppliers which can be accompanying us as we develop our community of linked units that, in flip, are constructing a extra sustainable future for us all. We really feel strongly in regards to the influence we wish our services to make, and it was time to create a model that displays our core values.

It’s an thrilling time for our firm, and I promise all our stakeholders a continued constructive journey with us.”

The brand new model will turn into public on 22 September 2022.

ENDS

ABOUT VELOS IOT
Harness the facility of connectivity with Velos IoT. We’re a world built-in connectivity supplier with intensive expertise in delivering IoT companies by way of proprietary core and roaming agreements. Supported by a world crew of specialists and with over 600 international networks, Velos IoT offers prospects with sustainable, scalable, compliant, and safe entry to connectivity.

At Velos IoT we ship the agility and resilience IoT prospects require. We handle over 12M linked units worldwide and provide options to companies of all sizes – from small specialist gamers to very large producers.

ABOUT PERWYN
Perwyn is a European non-public fairness investor specialising in buyout and development capital investments in 4 sectors: Expertise, Companies, Healthcare and Meals & Substances. Sometimes, we make investments between £/€20 and £/€300m per deal in a focussed portfolio of companies with vital potential to broaden.

Perwyn invests capital, experience and relentless vitality in partnership with bold administration groups to speed up natural development and pursue market consolidation alternatives. Our substantial everlasting capital base permits us to focus all of our time on serving to investee firms obtain nice issues.



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