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The Tern Plc (AIM:TERN), the company focused on value creation from Internet of Things (“IoT”) technology businesses, announces that it has agreed with the board of InVMA Limited, trading as Konektio ("Konektio"), of which Tern currently owns 36.8% of the equity, and Konektio’s other investors, that Mathew Scherba, a director of Tern, will join the Konektio executive team for an initial two month period, with an option, on the mutual agreement of both parties, to further extend the secondment, to assist with the development of the Konektio business.
Tern Plc (AIM:TERN), the company focused on value creation from Internet of Things ("IoT") technology businesses, is pleased to note that Wyld Networks AB ("Wyld Networks" or "Wyld") has today announced the launch of its pioneering satellite IoT network service providing 100% global connectivity for the IoT (the "Wyld Launch Announcement"). Tern's holds 46.5% of Wyld Networks' equity.