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Financial

Wireless Logic completes acquisition of Com4

Wireless Logic have further expanded European presence with the acquisition of COM4

21st January 2021

We have further expanded our presence in Europe with the acquisition of Com4, a Norwegian MVNO with a focus on IoT and M2M communication.

As the latest in a line of back-to-back acquisitions for Wireless Logic, Com4 will bring added mobile capability and expertise, while also strengthening our presence in the Nordic region.

Headquartered in Oslo, Com4 was founded in 2011 and today employs a team of 18 professionals with a wealth of experience across applications from smart metering to the industrial IoT. Co-founders Henning Solberg (COO) and Raymond Berntsen (Sales Manager) remain a critical part of the management team.

Com4 is one of the few operators in Norway with its own dedicated core network and M2M
platform, making it fully equipped to deliver advanced mobile communication services to the
professional market. Over the course of the past decade, the company has established itself
as a pioneering business, utilising eSIM and NB-IoT/LTE-M cellular based “low-power”
network technologies.

The acquisition was completed on 15 Jan 2021. Larner, as well as Solberg, Berntsen and the whole Com4 team, will continue to fulfil their roles at Com4 post-acquisition.

Stein André Larner, CEO of Com4, comments: “Our core focus is mobile data communication in every link of the chain, from design to delivery and support. This means that our customers’ communication needs and challenges are met with understanding and competence throughout our entire value chain. With the support of the Wireless Logic group, we are confident that we will be able to enhance our offering further.”

 

Oliver Tucker, CEO at Wireless Logic, says: “By welcoming such a talented team to our ever-expanding business, we are able to bolster expertise and boost capabilities, paving the way for sustained business expansion in 2021. We’ll be working closely with Com4 to ensure that they are able to continue their growth path, whilst leveraging the advantages of being part of the Wireless Logic group.”

 

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