News

Wireless Logic appoints Sir Michael Rake as Chairman

M2M & IoT
Wireless Logic Group has appointed Sir Michael Rake as Chairman, effective on 1 June 2019.

Sir Michael Rake is also Chairman of Great Ormond Street Hospital, Phoenix Global Resources, Majid

AL Futtaim Holdings LLC, Newday Ltd and a Director of S&P Global.

Sir Michael joins Wireless Logic as the organisation continues on its rapid growth both organically

and through a series of acquisitions. In June 2018, Montagu Private Equity invested into the group

for an undisclosed sum following the exit of CVC Capital Partners. Over the last three years, the

group has made five acquisitions in Denmark, the UK, Germany and the Netherlands, all of which

have significantly expanded the group’s geographic reach and technological capabilities. The period

ahead will see further investment in its platform solutions and network services, with emphasis on

the organisation’s ‘Intelligent’ branded multi-network eSIM provision and a range of user-focused

solutions to encourage and drive self-service device connectivity.

Oliver Tucker, co-founder and CEO of Wireless Logic Group said: “We are delighted to welcome Sir

Michael onto the Wireless Logic board. He joins us as we enter another period of sustained

expansion, capitalising on the inherent strengths and diversity of our connectivity solutions and

expert teams. Importantly, our growth continues to outpace what is considered a fast-moving

market where new applications are being introduced frequently into the world of IoT.

Sir Michael Rake said: “The Internet of Things now permeates into just about every facet of life with

Wireless Logic strategically at its core enabling a myriad of applications to connect and perform. I am

very excited to chair an organisation that has clearly achieved so much in a relatively short period. I

look forward to working with Oliver and his team as the organisation continues on its impressive

growth trajectory.”