KORE Wireless Group, Inc., the world’s largest managed wireless network services provider specializing in Machine-to-Machine (M2M) communications and the Internet of Things (IoT) with co-headquarters in San Francisco and New York, in an all-cash transaction acquired Wyless Group Holding (Suisse) SA, a Swiss domiciled corporation. Following the completion of this transaction, the combined company is now supported by a staff of more than 350 team members, maintains a customer base of more than 3,000 B2B companies globally and serves in excess of six million subscribers on behalf of those customers. The organization is one of the six largest providers of M2M/IoT services globally, inclusive of carriers. The combined business has extensive physical presence and data center operations in Asia, Latin America, Europe and North America to support customers on a global scale. In addition, the combined companies bring together the expertise in M2M, 12 years in the making, and the ability to apply this competency to the emerging IoT market.

Bär & Karrer acts as Swiss counsel to KORE Wireless Group. The team includes Ralph Malacrida, Thomas Stoltz, Susanne Schreiber, Micha Schilling, Célia Jimenez, Frédéric Mancosu, Jonas Bornhauser, Raphael Nusser, and Florian Roth.