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Acquiring IoTerop enables Trasna to expand its offerings to device management in the Internet of Things (IoT) sector.

Translation company Trasna has declared the purchase of IoTerop, a pioneer in IoT device management software and platforms. This acquisition aligns with Trasna's interests in the Internet of Things sector.

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Acquisition of IoTerop leads to integration of device management in Trasna's services
Acquisition of IoTerop leads to integration of device management in Trasna's services

Acquiring IoTerop enables Trasna to expand its offerings to device management in the Internet of Things (IoT) sector.

Trasna Acquires IoTerop: Strengthening Its Position in IoT Connectivity and Device Management

In a significant move, Trasna, a leading player in the IoT (Internet of Things) market, has announced the acquisition of IoTerop, an innovator in IoT device management platforms and software. This acquisition is set to make connectivity and device management easier and more secure for everyone.

Stéphane Fund, CEO of Trasna, stated that this acquisition is a significant step towards becoming the leading enabler of IoT connectivity and device management. IoTerop brings a proven track record in IoT device lifecycle management, widely adopted by large-scale connectivity providers and various industries.

IoTerop's products, including the Alaska IoT management platform and Iowa software development toolkit, are already deployed across millions of devices globally. These solutions are designed to support the next generation of IoT networks, such as NB-IoT, 5G, and Lightweight M2M (LwM2M).

The surge in the IoT market is driven by growing demand for secure and reliable IoT solutions in sectors like energy, healthcare, logistics, and smart cities. The acquisition strengthens Trasna's comprehensive offering for customers, enabling them to deploy highly optimized and scalable solutions.

The IoT market is poised for substantial growth, with the number of connected IoT devices expected to surpass 38 billion by 2030, according to GSMA Intelligence. This growth is fuelled by the increasing need for secure and reliable IoT solutions in various industries.

Trasna's expanded portfolio offers customers a single partner for secure IoT connectivity hardware and software from the SIM and device to the cloud management platform. The acquisition of IoTerop aligns well with Trasna's growing portfolio, bringing IoT expertise and trusted device solutions to the table.

IoTerop has been a leading advocate of open standards in IoT, promoting interoperability across IoT ecosystems. This aligns with Trasna's commitment to delivering flexible and open solutions to its customers.

Trasna has recently expanded, having acquired eSIM leader Workz earlier this year and opened a new semiconductor R&D and semiconductor facility in India this October. This acquisition of IoTerop further strengthens Trasna's ability to deliver complete solutions from chip design to cloud-based remote management services.

The announcement of the acquisition of IoTerop by Trasna was made on July 12, 2023. This acquisition is expected to have a significant impact on the IoT market, making Trasna a formidable force in the industry.

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