Connect with us

Hi, what are you looking for?

Economy

Soracom and Marubeni Announce Strategic IoT Collaboration and Agree to Establish Joint Venture

New organization will support IoT MVNO capabilities in Japan and beyond

Soracom, Inc., a global IoT platform provider with full MVNO capability, and Marubeni Corporation, a Japanese general trading company, have announced a joint venture between Soracom and Marubeni I-DIGIO Holdings Co., Ltd., a Marubeni Group Company.

The joint venture will offer IoT MVNO services in Japan and expand IoT capabilities to a variety of global regions and industries.

The new company will take over the MVNO business of Marubeni Network Solutions Corporation (“Marubeni Network”), a network outsourcing company under Marubeni I-DIGIO, and will operate as a joint venture, with 51% investment from Soracom.

Marubeni Network is one of only a few Full MVNOs in Japan and operates its MVNO business using NTT Docomo’s network. Soracom is a Full MVNO that provides services across 185 countries using KDDI and global networks, providing communication services specialized for IoT. Soracom has also developed a cloud-native Connectivity Management Platform (CMP) using its own technology.

By collaborating with the Marubeni Group, Soracom will provide mobile services, including higher-quality IoT communication, compatible with various communication environments as a multi-carrier Full MVNO operator. The new company will also consider supporting the latest SIM technologies such as the next-generation SIM and iSIM and apply SIM technology to SASE (Secure Access Service Edge) to provide integrated network and security functions to mobile workers. In addition, the joint venture partners are considering the development of multi-carrier profiles, which will allow multiple domestic operator profiles to be used with a single SIM.

By using the new company’s services as a starting point and collaborating with Marubeni’s subsidiaries’ assets, such as DX consulting and data analysis, the company will be able to meet the diverse needs of a wide range of customers regardless of industry or region.

The establishment of the joint venture follows an agreement signed by Marubeni and Soracom in February 2025 with the intention to collaborate globally on IoT. They are considering further international business expansion in infrastructure areas such as mobility, agriculture, and electricity and water.

The post Soracom and Marubeni Announce Strategic IoT Collaboration and Agree to Establish Joint Venture appeared first on IoT Business News.

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    President Biden is asking Congress to approve nearly $100 billion in emergency funding to aid recovery efforts for the recent deadly storms that ravaged...

    Latest News

    Activists on Saturday demanded that the state of California pay millions of dollars to each Black resident in reparations as a way to make...

    Stock

    One hallmark of secular bull markets is rotation. When leading stocks, sectors, and industry groups falter, there needs to be others that grab the...

    Latest News

    Vice President Kamala Harris spent a whopping $1.5 billion during her 15-week campaign that ended in defeat to President-elect Donald Trump, including burning through...



    Disclaimer: Frequencytraders.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Frequencytraders.com