Vodacom this week unpacked its 51% stake acquisitions in IoT.NxT. Through this acquisition, Vodacom explains that the company will leverage on what IoT.NxT has already been doing in the IoT market and will support this by combining it with what Vodacom Business is doing in the market in the Internet of Things space.
The acquisition promises to help make a difference and a positive impact in the lives of the every-day consumers, as billions of devices are going to get connected as a result of the partnership. Vodacom has been pioneering the digital movement for some time now, starting out with machine to machine connectivity, later on evolving the connection from machine to machine by creating a platform called the global data service platform, which enables the different SIM cards within these machines to be managed in a seamless manner.
The mobile network operator has now entered the next stage of connectivity, and that’s where its acquisition of IoT.NxT comes in. Through this partnership, the mobile network operator aims to create the ability to merge new and old ways of conducting connections, and the translation of the different languages that the various devices speak, for the purpose of enabling them to understand each other. In doing so, they will be better secured and can be deployed easily. Vodacom has said that this acquisition has enabled it to move to the next level of capability in the value chain of connecting things.