Distribution Partnership
T42 IoT Tracking Solutions PLC has announced a new distribution partnership with M2M Nordic ApS in Denmark, with potential for broader Nordic region collaboration. This strategic alliance leverages T42's extensive experience, having deployed over one million units globally, with M2M Nordic's regional expertise in connectivity and IoT integration. The partnership aims to deliver scalable asset tracking and real-time data visibility solutions using T42's Lokies, Tetis, and Kylos MC products, furthering T42's global expansion strategy within the growing IoT market.
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Expansion of Global Reach
t42 IoT Tracking Solutions plc ("t42" or the "Company"), a leading provider of real-time tracking, monitoring and security solutions for the global container and freight market, announces a new distribution partnership with M2M Nordic ApS ("M2M Nordic") in Denmark, with the potential to expand into a broader collaboration across the Nordic region.
This partnership combines t42's proven IoT tracking and monitoring technologies, built on over 30 years of experience and with more than one million units deployed worldwide, with M2M Nordic's strong regional presence and expertise in connectivity and IoT integration.
Together, the companies aim to deliver scalable, high-performance solutions for asset tracking, smart security and real-time data visibility across a range of industries utilising the Company's Lokies, Tetis and Kylos MC products, and its software solutions. The partnership represents a further step in t42's strategy to expand its global footprint and strengthen its position within the rapidly growing IoT ecosystem.
M2M Nordic is a Denmark-based trading and solutions company with more than 20 years of experience in infrastructure, applications and telecommunications, with a particular focus on mobile network technologies and evolving market trends. The company specialises in reliable and cost-efficient communication solutions within the M2M and IoT sectors, offering high-quality products from leading manufacturers. M2M Nordic's ambition is to support increased digitalisation across industries by delivering tailored, future-ready solutions for both existing and emerging applications.
Avi Hartmann, CEO of t42, commented: "We are delighted with this agreement as we look to further expand our global footprint in high growth regions. We believe that there is a compelling backdrop for our solutions and look forward further growing our routes to market via low-risk, low-cost partnerships globally. We have established strong foundations for growth, with a world-class product suite incorporating both hardware and software solutions. We are delighted with the increased levels of traction and look forward to providing further updates in due course."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.