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New Deal


Announced

Astrocast to acquire Hiber.

Synopsis

Astrocast, a global nanosatellite IoT network operator, agreed to acquire Hiber, a Netherlands-based, IoT-as-a-Service provider. Financial terms were not disclosed. “We’ve carefully monitored Hiber’s impressive shift in strategy over the past few years. Hiber is recognised as a powerful IoT scale-up within the market. Hiber’s focus on satellite-enabled IoT solutions, innovation and production aligns with Astrocast’s strategic go-to-market priorities for 2022 and beyond. We’re excited to welcome Hiber to the growing Astrocast team," Fabien Jordan, Astrocast CEO.

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