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Tele2 IoT acquires Kombridge AB and strengthens its position within security services

Tele2 IoT acquires Kombridge AB and strengthens its position within security services

Tele2 Group (Tele2), today announces that Tele2 IoT has closed a deal to acquire the Sweden based company Kombridge AB.

Since 2010, Kombridge has offered security services, connected device management and application management for Internet of Things (IoT) applications and services.

Kombridge brings a number of valuable assets and Tele2 IoT will immediately strengthen its security portfolio through the Kombridge Connect security product. The combined sales and technology teams will build upon Kombridge’s technology and knowledge to establish even stronger value added services for B2B application- and connectivity management.

As part of the acquisition, Tele2 IoT obtains Kombridge’s current customer base, product portfolio as well as its six employees with great IoT competence and track-record to maximize sales and development synergies.

Rami Avidan, Managing Director, Tele2 IoT, comments:
“We are extremely excited to welcome the Kombridge team to the Tele2 IoT family. The two companies have worked close to each other for a long time. Hence, we know each other well and are very confident that our combined strengths will make us an even stronger global IoT player with high value creation for our customers and partners.”

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