Solbright and M2M Spectrum Networks Merge to Create Iota Communications, Inc.
Iota Communications to be the first publicly-traded, pure-play, fully-featured IoT network operating company in the U.S.
NEWARK, N.J., July 31, 2018 /PRNewswire/ -- Solbright Group, Inc. (OTCQB: SBRT), an industrial AI, machine learning and energy management company providing Internet of Things (IoT) solutions for commercial and industrial facilities, and M2M Spectrum Networks, LLC, the fast-growing, national, dedicated IoT network access and IoT solutions company, today announced the signing of a merger agreement creating the first publicly-traded, pure-play, fully-featured IoT network operating company in the U.S.
The merger follows Solbright and M2M's June partnership announcement, offering a comprehensive, next-generation Smart Facilities line of products and services, called SF Net, which includes security, asset tracking, facilities management, energy management, predictive maintenance and more.
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