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VELOS IoT launched – leading provider of connectivity to the Internet of Things

Jersey, Channel Islands Velos IoT, a number one provider of connectivity to the Web of Issues, was launched this morning. Velos combines the companies of Jersey based mostly JT IoT, Estonia’s Prime Join and Danish Nextm2m into a world powerhouse offering connectivity to over 12m mobile units world wide.

With a heritage courting again to 2014, when JT IoT was fashioned in Jersey as a division of Jersey Telecom, the Velos IoT group has constructed a status as a quick rising and main provider of worldwide Web of Issues connectivity. In summer time 2021 JT IoT was acquired by Perwyn, a European personal fairness investor. Subsequently Velos IoT has acquired two additional profitable IoT companies – NextM2M in Denmark and Prime Join in Estonia. By extending its product portfolio and vary of shoppers these acquisitions have led in flip to additional success.

Velos IoT emblem

Supported by a staff of over 120 folks in over a dozen international locations, the Velos mission is extra than simply IoT connectivity – we’re right here to allow a wise, related, and sustainable world. The brand new group title displays this renewed concentrate on agility and the constructive affect that Velos makes with its IoT options.

Graeme Millar, CEO of Velos IoT, mentioned: “We’re extremely pleased with the work that we do and grateful to the shoppers, workers, companions and suppliers which might be accompanying us as we develop our community of related units that, in flip, are constructing a extra sustainable future for us all. We really feel strongly in regards to the affect we would like our services to make, and it was time to create a model that displays our core values.

It’s an thrilling time for our firm, and I promise all our stakeholders a continued constructive journey with us.”

The brand new model will change into public on 22 September 2022.


Harness the ability of connectivity with Velos IoT. We’re a world built-in connectivity supplier with intensive expertise in delivering IoT providers through proprietary core and roaming agreements. Supported by a global staff of consultants and with over 600 world networks, Velos IoT gives clients with sustainable, scalable, compliant, and safe entry to connectivity.

At Velos IoT we ship the agility and resilience IoT clients require. We handle over 12M related units worldwide and provide options to companies of all sizes – from small specialist gamers to very large producers.

Perwyn is a European personal fairness investor specialising in buyout and progress capital investments in 4 sectors: Know-how, Providers, Healthcare and Meals & Elements. Usually, we make investments between £/€20 and £/€300m per deal in a focussed portfolio of companies with vital potential to broaden.

Perwyn invests capital, experience and relentless power in partnership with formidable administration groups to speed up natural progress and pursue market consolidation alternatives. Our substantial everlasting capital base permits us to focus all of our time on serving to investee corporations obtain nice issues.

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