We believe that we have much to offer start-ups and scale-ups – and vice versa. This is clear from our partnership with Jasper Wireless, a pioneer in cloud-based platforms for the Internet of Things.
Innovation is synonymous with the Internet of Things (IoT), a world in which everyone and everything is connected with the Internet and information is shared by all Things. We strongly believe that the IoT can make the Netherlands a better place. That is why we gladly work together with partners who, like us, believe in the strength of the Internet of Things.
A great example is our investment in Jasper Wireless in 2012. This company is a pioneer in cloud-based platforms for the Internet of Things and a major player in Service & IT. These platforms offer mobile network companies and operators the possibility to successfully implement IoT service on a global scale. Jasper Wireless is the perfect partner for KPN to ensure that customers are connected to the most reliable online platform.
Another advantage of participating in this company is that we also benefit from attractive financial returns, in particular the purchase of Jasper Wireless in February 2016 by Cisco for the amount of 1.4 billion dollars.
Helping the Netherlands progress with investments
Proceeds from the sale of our interest in Jasper Wireless have been added to the reserves of the KPN Ventures investment fund. This will make it easier for us in the future to continue to invest in young technology companies that make the Netherlands smarter, safer and more sustainable.
Want to learn more?
Read under KPN Ventures
about how we are working to make the Netherlands safer, better and more sustainable with other investments.