RacoWireless
| Company type | Private |
|---|---|
| Industry | Wireless solutions, Machine-to-machine (M2M) services |
| Predecessor | RACO Industries LLC |
| Founded | 2006 |
| Founder | Rob Adams |
| Fate | Acquired by KORE Wireless Group |
| Headquarters | Cincinnati, Ohio , United States |
Area served | Worldwide (approx. 60 countries) |
Key people | Rob Adams (CEO), John Horn (President) |
| Products | Omega Management Suite, M2M data connectivity, consulting services, SIM activation, billing solutions, application hosting, virtual LAN capabilities |
Number of employees | ~100 |
| Parent | KORE Wireless Group (from November 2014) |
RacoWireless operated as a supplier of wireless solutions and services tailored to the machine-to-machine (M2M) sector. The firm provided wireless data connectivity alongside a platform designed to assist enterprises in creating and managing M2M applications.
In November 2014, RacoWireless was purchased by KORE Wireless Group, a competitor supported by private equity.
History
Originating as a division of RACO Industries LLC based in Cincinnati, Ohio, RacoWireless traces its roots back to RACO Industries, which was established in 1988 by CEO Rob Adams. Initially, RACO Industries functioned as a value-added reseller specializing in barcoding equipment and data collection services, collaborating with carriers to deliver vehicle tracking solutions.
By 2005, the company pivoted towards data aggregation and developed a dedicated platform for this function. The following year, after an approach from T-Mobile, RacoWireless was officially launched to act as an M2M data aggregator.
The company created the Omega Management Suite, a web-based tool for managing and monitoring M2M devices. It worked closely with T-Mobile’s M2M solutions team, led by John Horn, who joined RacoWireless as President in 2011. That same year, RacoWireless was designated T-Mobile’s preferred partner for new M2M business initiatives and operational support.
In 2011, RacoWireless and T-Mobile collaborated with Audi to introduce Audi Connect, an in-vehicle service delivering news updates, weather information, fuel pricing, and secure mobile Wi-Fi hotspots.
RacoWireless broadened its international presence through alliances with global carriers such as EE in the UK, Rogers in Canada, Sprint, and Telefonica serving Spain and Latin America.
In October 2012, Inverness Graham Investments completed a controlled recapitalization of the company. Subsequently, in July 2013, RacoWireless acquired Position Logic, a provider of business-to-business location-based services operating throughout North America, South America, Europe, Africa, and the Middle East.
The 2014 acquisition by KORE Wireless Group represented a major consolidation within the M2M MVNO industry.
Company
RacoWireless focused on delivering products and services specifically for the machine-to-machine (M2M) market. Its offerings included the Omega Management Suite—a comprehensive web platform supporting M2M device management, reporting, alerting, SIM activation, billing solutions, consulting services, carrier device certification, application hosting, and virtual LAN capabilities. The company catered to sectors such as fleet management, asset tracking, healthcare monitoring, and point-of-sale transaction processing. Operating across approximately 60 countries, RacoWireless employed close to 100 personnel across its US and Latin American offices.
New technology
Together with T-Mobile, RacoWireless pioneered the deployment of embedded SIM technology within the M2M space. This innovation enabled GSM connectivity in challenging environments characterized by extreme temperature fluctuations and vibration. Additionally, partnering with EE and Giesecke & Devrient, the firm introduced the first Multi-IMSI SIM card—capable of supporting multiple subscriptions and carriers on a single SIM—enhancing its position in global M2M connectivity solutions.