Cambridge, UK / Munich, Germany. July 7th 2021 – IoT enterprise network operator (ENO), Pod Group, has been acquired by Giesecke+Devrient (G+D), a global security technology group headquartered in Munich. Terms of the deal have not been disclosed.
The acquisition will build on Pod Group’s positioning as a provider of the connectivity, infrastructure and managed services required by enterprises to own and control their Internet of Things (IoT) networks. At the same time it aims to complement G+D´s offering of trusted connectivity enablement for the IoT with tailored connectivity management services.
Pod Group’s approach to IoT connectivity is designed to simplify IoT deployments by providing enterprises with access to an entire ecosystem of integrated IoT connectivity technologies. These include eUICC / eSIM, Private LTE and Advanced SIM App Technology (for example, Zero Touch Provisioning) all supported by a centralised management and billing platform, Pod IoT Suite. The acquisition by G+D, a global provider of eSIMs is expected to help Pod Group accelerate market adoption of eSIM for the IoT by reducing barriers to entry, cost of adoption and maximising enterprise ownership and control.
Pod Group’s 20+ years of expertise in implementing IoT connectivity solutions for enterprises across a broad variety of sectors, combined with G+D’s nearly 170 years focusing on trust and security of both physical and digital assets, will it is said, “create a powerful proposition in the market, allowing mobile network operators (MNOs) to make their services easily accessible to a wide range of enterprises through Pod and G+D’s combined eSIM / connectivity enablement solution”.
Sam Colley, CEO of Pod Group comments, “The acquisition of Pod Group by G+D has been driven by synergies and a mutual understanding of some of the existing barriers to mass IoT becoming a reality. G+D and Pod Group, together, will now be able to accelerate the growth of Pod’s ENO ecosystem allowing us to deliver secure enterprise grade connectivity and security solutions seamlessly, which is becoming increasingly important as spectrum opens up for the deployment of private LTE and 5G networks. As well as benefiting enterprise customers, we feel it also represents a great opportunity for both parties to deepen their relationships with existing ecosystem partners and vendors through broader collaboration.”
Carsten Ahrens, CEO of G+D Mobile Security GmbH says, “We are truly excited about this acquisition. As a dependable IoT provider for solutions connecting to private and public networks, Pod and their products ideally complement G+D’s trusted connectivity portfolio. The enriched offerings will now enable IoT ecosystems to connect, manage, bill and secure devices globally, in a seamless and cost-effective approach. The joint portfolio comprises proven connectivity management, proven security and performance in supporting hundreds of millions of mobile devices worldwide. Together with Pod we will accelerate our work to unleash the full potential of IoT solutions for enterprises and MNOs, globally.”
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