ASPIDER-NGI
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ASPIDER-NGI - overview
Established
2001
Location
Woerden, -, Netherlands
Primary Industry
Software
About
ASPIDER-NGI offers a range of advanced IoT connectivity solutions tailored for diverse industries. The company focuses on seamless integration of hardware, device management, and data delivery to optimize connectivity across geographical boundaries. ASPIDER-NGI is a provider of IoT connectivity solutions, founded in 2001 in Woerden, Netherlands. The company was acquired by KORE Wireless Group, Inc.
in December 2018, as part of a strategic expansion in the IoT sector. The current CEO is Luis Carrera, and the company was founded by Patrick Meyer. ASPIDER-NGI specializes in IoT connectivity solutions that integrate hardware, device management, and data delivery. Key offerings include global IoT connectivity through a hybrid model that utilizes a mix of global roaming SIMs and local carrier SIMs.
The firm supports advanced technologies like Cat-M and 5G RedCap, catering to a diverse clientele in sectors such as health, agriculture, retail, and utilities, with solutions for asset monitoring, EV charging infrastructure, and smart agriculture. ASPIDER-NGI generates revenue mainly through B2B subscription models and partnerships, providing services like device connectivity management and SIM provisioning. Their pricing models allow clients to scale services according to their IoT deployment needs, fostering direct partnerships with device manufacturers and system integrators to streamline IoT initiatives. ASPIDER-NGI plans to enhance its product offerings with new IoT solutions slated for launch by the end of 2024.
The company aims to expand into key markets in Asia and Europe by 2025. The acquisition by KORE Wireless will help leverage resources to support these initiatives, utilizing insights and infrastructure from the recent acquisition deal completed in December 2018.
Current Investors
KORE Wireless Group, Inc.
Primary Industry
Software
Sub Industries
Connectivity Software
Website
www.aspider-ngi.com
Verticals
Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ASPIDER-NGI - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | ASPIDER-NGI | - |
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