Platform·Other/DevOps / Infrastructure Software·May 11, 2026
Verdane acquires Telenor Connexion as platform investment
Creates a platform investment for Verdane around Telenor Connexion and its operating business and adding another asset to the relevant private-equity portfolio.
Verdane acquired Telenor Connexion.
Verdane acquired Telenor Connexion, the managed IoT connectivity business of multinational telecom group Telenor.
The unit provides enterprise customers with global cellular IoT connectivity and data management services.
The investment establishes a platform in the enterprise IoT space.