Japan: KDDI Corp acquires IoT startup Soracom for $181m

Japan: KDDI Corp acquires IoT startup Soracom for $181m

A visual network of the Internet of Things (IoT)

Japan’s telecom operator KDDI Corporation has bought local mobile virtual network operator Soracom for an estimated 20 billion yen ($181 million), according to a report by Nikkei Asian Review.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter