KDDI acquires Soracom to bolster IoT capability
Japanese telecom provider KDDI is to acquire IoT platform provider Soracom, according to an announcement from KDDI president Takashi Tanaka.
The company will acquire Soracom’s outstanding shares, making it a consolidated subsidiary of KDDI.
Soracom, which was formed in 2015, provides the Soracom IoT platform to deliver secure communication optimised for IoT and M2M by combining over the air connectivity with cloud capability. The platform allows customers to operate and manage connections and devices...