Netmore intends to acquire Talkpool's IoT network
Netmore and Talkpool sing LOI regarding the acquisition of Talkpool's IoT network and Talkpool will use the consolidated network to roll out its IoT solutions. The acquisition mainly includes network infrastructure in the form of approximately 100 active gateways in strategically important locations in several municipalities and will strengthen Netmore’s position as Sweden's leading IoT operator. The transaction is valued at around SEK 7.5 million and will be financed with self-generated funds upon implementation.On December 2, 2020, Netmore and Talkpool signed a letter of intent stating