OptConnect, a managed wireless services company in Kaysville, has acquired Netherlands-based Capestone, a provider of 4G and 5G IoT solutions across Europe.
Capestone follows the recent acquisitions of Premier Wireless Solutions and M2M DataGlobal.
“Together these businesses create a premier global managed wireless connectivity platform of scale, capable of supporting customers across multiple industries and solution needs around the world,” OptConnect said in its release announcing the acquisition.
The Capestone acquisition significantly increases OptConnect’s global coverage and enhances the number of end markets and verticals that the combined business can support, the company said. Capestone’s IoT software, services and connectivity are offered under the Comgate brand. Capestone is active in more than 60 countries and supports over 1,000 channel partners and enterprises.
Headquartered in Leiden, Netherlands, Capestone serves customers in the health care, transportation, maritime, construction, industrial IoT, retail, and surveillance industries.
“This new partnership is a key step in strengthening our global presence,” said Chris Baird, CEO of OptConnect. “With the addition of Capestone, OptConnect can now significantly expand its capabilities in Europe and provide more seamless and reliable wireless connectivity solutions worldwide. Our focus remains on empowering customers to achieve their IoT goals, and this strategic move ensures we can continue delivering value and innovation on a global scale.”
Capestone will continue to operate under the Capestone name at its Leiden headquarters with operations in Dusseldorf, Germany, and London, England. Jos Ouwerkerk will continue as managing director of the Capestone business unit.
“Our company has always prioritized delivering cutting-edge connectivity solutions to meet the evolving demands of our customers,” said Ouwerkerk. “By joining forces with OptConnect, we’re not only expanding our reach but also enhancing our ability to provide even more innovative and scalable IoT solutions. This partnership allows us to leverage OptConnect’s global experience while continuing to deliver the exceptional service and tailored solutions our customers have come to expect.”