Kore Results Presentation Deck
Twilio loT Acquisition - Strategic Rationale
The Twilio loT business accelerates our strategy to be one of the few, leading loT Hyperscalers.
We are adding the strongest capability for digital consumption of loT in the market.
KORE OmniSIM™TM combined with Twilio Super SIM® creates market-leading loT connectivity product.
We add "Build" to our "Deploy, Manage, Scale" story with Twilio's investment in Device Builder.
The new KORE will be the largest independent provider of loT connectivity outside of China, with only
five large MNOs* having more connections.
*Mobile Network Operators
KORE
KORE will issue 10 million shares of common stock to Twilio,
making Twilio one of KORE's largest shareholders.
© 2023 KORE
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