M2M managed-services player Wyless has agreed a takeover of Aspider M2M, a mobile virtual network enabler (MVNE) based in the Netherlands.
Aspider (Woerden, Netherlands) provides a range of M2M services to customers, mainly in the Benelux and German-speaking markets, and the acquisition by Wyless (Lawrence, MA, USA) – the terms of which were not disclosed – will give Wyless a stronger presence in Europe.
In a statement, Wyless said the Aspider business would be integrated with its UK division.
According to a statement from Wyless, Aspider runs its own Cisco- and Oracle-based core network, allowing it to act as an MVNE for M2M players and to provide an operator-independent solution.
Among the company’s customers are Philips Lighting (Eindhoven, Netherlands) and Stedin, a public utility in Holland.
The takeover will see Jan Willem van Doorn, Aspider’s chairman and founder, join the Wyless board of directors.
Michel Zwijnenberg, Aspider’s vice president, will take a senior executive role within Wyless Europe resulting from Aspider’s integration with Wyless UK.
“This combination of our existing presence in the UK and Switzerland with Aspider’s dominance in Benelux and rapidly expanding footprint in Germany strengthens the Wyless position in continental Europe, provides core network expertise into our product portfolio and brings a group of great people into the business, spearheaded by Aspider M2M vice president Michel Zwijnenberg and his team, who built the M2M business within parent company Aspider Holding,” said Dan McDuffie, the chief executive of Wyless. “Aspider’s intelligent network solutions also enable Wyless to serve worldwide SMEs in a prepaid Google-style model.”
Explaining his motives for agreeing the deal, Zwijnenberg said he believed a premium would be attached to the company that could first claim leadership in the emerging Internet of Things (IoT) market and that he wanted to be a part of that company.
“Aspider has a focus on offering core-network based solutions in the areas of operator independence, security and outsourced billing [while] Wyless has lately been focused on building more complete and complex end-to-end solutions around IoT deployments,” he said. “Product wise this is a perfect fit and together I believe that we can win the market with our think global act local approach.”