Netmore Group has acquired Actility, a French company specializing in low-power wide-area network (LPWAN) wireless communication technologies. The transaction was supported by Scotto Partners, who advised Actility’s founder and CEO throughout the sale process.
Actility is recognized for its contributions to LPWAN solutions, which are widely used in Internet of Things (IoT) applications. The acquisition aims to strengthen Netmore Group’s position in the wireless communication and IoT markets.
**Why this matters**
The acquisition enhances Netmore Group’s capabilities in LPWAN technology, a critical component for scalable IoT deployments. This move could accelerate innovation and expand service offerings in the growing IoT sector.