Netmore Bolsters IoT Portfolio with Arson Metering Acquisition
Netmore Group, a prominent network operator specializing in Massive IoT, has bolstered its portfolio with the acquisition of Arson Metering, a Spanish innovator in remote meter reading and smart management of water and gas supply networks. This strategic move aligns with Netmore's mission to deliver high-quality, reliable, and user-friendly solutions.
Arson Metering, with its proven track record and innovative utility solutions, has deployed advanced remote reading technologies across over 200 municipalities in Spain, Italy, France, and Greece. This includes managing over 500,000 water and gas meters. While specific Italian cities remain unknown, Arson Metering's expertise in Advanced Metering Infrastructure (AMI) and its Meter Operations Centre will significantly enhance Netmore's ability to meet strict service levels required by utilities.
Netmore, as the world's leading provider of LoRaWAN and hybrid LPWAN communication services, is uniquely positioned to streamline network delivery and accelerate massive IoT adoption. The acquisition strengthens Netmore's leadership in modernizing utility operations and expands its footprint in Europe.
Ove Anebygd, CEO of Netmore Group, sees this acquisition as a transformative step, enabling Netmore to provide end-to-end solutions for utility automation and modernization. Amador Martínez, CEO at Arson Metering, welcomes this new chapter, creating a powerful synergy for utilities and smart cities. Together, they aim to deliver efficient, sustainable, and reliable solutions for water and gas management.
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