Kerlink starts 2018 fast with record FY17 revenue announcement, first investment in another company and visit to India with French state delegation

The start of April is a good time to review some of the news highlights of Kerlink’s Q1 2018:

 

  • The company’s preliminary FY 2017 report released in January showed a 75.4 percent spike in revenue to €24.8m, fueled primarily by an especially strong fourth quarter. Kerlink will report its audited 2017 fiscal-year results after market close on April 4.

 

  • Kerlink made its first investment in another company. Announced in February, the investment in and collaboration with Microshare Inc. supports Kerlink’s strategy of moving up the IoT value chain and expanding the range of its value-added services. The agreement enhances its network-as-a-service model by strengthening its customers’ ability to store data in the cloud and create new value streams by precisely managing sharing of data with recipients, while keeping it secure. Microshare provides a highly scalable data-management solution that enables sharing, storage and controlling access in a highly scalable architecture, while maintaining privacy, security, confidentiality and context through a ready-built single set of APIs. The solution can be used as a cloud service or embedded inside a more complete offering. The deal also helps expand Kerlink’s footprint in the U.S., where Microshare is based, and in the U.K., where it has a subsidiary.

 

  • Kerlink co-founder and Chief Technology Innovations Officer Yannick Delibie accompanied French President Emmanuel Macron and the French delegation on a state visit to India in March. Kerlink’s expanding business in India highlights the company’s commitment to support India’s economy, beyond helping deliver the benefits of the IoT. “In addition to providing stations for the world’s largest LoRaWANTM network, Kerlink opened a subsidiary in Chennai and contracted with Flex to manufacture our stations in India,” Delibie said. “Local production optimizes product logistics and availability, and it also provides jobs for India’s workers.”

 

 

Other major announcements during Q1:

Kerlink also issued several releases to support its presence at Mobile World Congress (Feb. 26-March 1) and Embedded World (Feb-26-28), including:

 

January also saw Kerlink’s article on reference design program in TelecomDrive.

 

See all Kerlink releases here.