Announced
Completed
Synopsis
Trasna, a company specialising in IoT communications, completed the acquisition of Workz, a pioneer in cloud-based eSIM solutions. Financial terms were not disclosed. "I am delighted to have Workz as part of the Trasna group. It has an excellent reputation in the market for innovation and agility, qualities we have experienced first-hand, having worked with them as a partner for many years. I see Workz and Trasna as a perfect fit that significantly strengthens the value of our IoT offering. The creation of a full end-to-end supply chain propels us to our goal of market leader in the mobile IoT market which makes for an exciting future for us and our customers," Stephane Fund, Trasna CEO.
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