OptConnect announces acquisition of So. America's M2M Global Data
Kaysville-based OptConnect, a provider of managed wireless services, has announced it has acquired Latin America-based M2M Global Data, one of the largest IoT organizations in Latin America. Based in Santiago, Chile, M2M makes OptConnect a premier managed wireless connectivity platform of scale, capable of supporting customers across a broad spectrum of industries and solution needs throughout North and South America, the Utah company said.
“Coupled with OptConnect’s current ability to serve partners in North America and other regions around the globe, the acquisition of M2M marks a significant expansion in global reach, dramatically increasing its ability to support global partnerships with ultra-reliable connectivity and support in more countries. Collectively, OptConnect and M2M serve more than 10,000 unique customers,” OptConnect said in a release.
Founded in 2012, M2M has been a pioneer in the machine-to-machine/IoT industry for more than a decade, offering a full suite of hardware products and connectivity solutions across the Americas, including Chile, Argentina, Peru, Ecuador, Colombia and Mexico.
“We are continuing to evolve as a company to meet and exceed the needs of our customers as they expand across the world,” said Chris Baird, CEO of OptConnect. “Our unwavering commitment lies in being an innovative global provider of highly valued wireless connectivity solutions. This acquisition enables us to continue to deliver on our promise to support customers and ensure they derive the maximum benefits from their IoT initiatives.”
M2M will continue to operate under the M2M DataGlobal name and use its office in Santiago for Latin American headquarters. Elionae Silva will continue to serve as general manager of the M2M business unit. Felix Lluberes and Rob Adams, who have advised M2M previously, will continue to serve as advisors to the company.
“Since our inception, we have been uniquely focused on our customers and providing specialized support for their needs as we constantly innovate,” said Silva. “This opportunity with OptConnect will allow us as an organization to continue to be the IoT solution of the future as we continue to grow and scale.”