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Wireless

Vodacom to acquire 51% stake in IoT.nxt for undisclosed sum

Tuesday 14 May 2019 | 11:04 CET | News
Vodacom said it will acquire a 51 percent stake in South African Internet of Things specialist IoT.nxt. The value of the deal has not been disclosed by Vodacom and is subject to approval by the Competition Commission. IoT.nxt was founded by Nico Steyn in 2015.

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Categories: Mobile & Wireless
Companies: IoT.nxt / Vodacom
Countries: South Africa
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