In November 2014, KORE announced that ABRY Partners would invest in KORE and simultaneously announced that KORE would acquire a competing M2M MVNO, RacoWireless.
ABRY Partners would invest in KORE. This was what KORE announced in November 2014. KORE would acquire a competing M2M MVNO. This was what KORE announced in November 2014. A competing M2M MVNO was RacoWireless.