Upon completion of the transaction, the combined company, which has a pro forma valuation of $1.04 billion,[5] expects to be listed on the New York Stock Exchange under the ticker symbol “KORE”.

[6][7] KORE was founded in 2002 by Chris Scatliff by acquiring Zero Gravity Wireless, a Microcell reseller and support software developer.

With Alex Brisbourne and William Greenberg as part of the founding team, KORE was repositioned as a provider of Machine-to-Machine connectivity.

[citation needed] Following the acquisition of Microcell by Rogers Wireless, KORE expanded its wholesale agreement to provide M2M and Mobile Virtual Network Operator (MVNO) footprint in Canada.

[8] Wireless Matrix Corp selected KORE to provide the platform for fleet management across North America.