DJ Kigen / Trasna JV & Reverse Takeover Update
Anemoi International Ltd (AMOI)
Kigen / Trasna JV & Reverse Takeover Update
06-March-2026 / 07:30 GMT/BST
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Anemoi International Ltd
(Reuters: AMOI.L, Bloomberg: AMOI:LN)
("Anemoi" or the "Company")
Kigen / Trasna JV
&
Reverse Takeover Update
Anemoi is pleased to note the latest strategic announcement from Trasna, in which the Company has entered into a share
purchase agreement to acquire 100% of the Trasna Group of companies for a total consideration of USD150m by way of a
reverse takeover.
(https://www.trasna.io/blog/kigen-trasna-esim-managed-services)
Trasna is a leader in the high growth eSIM secure provisioning segment, enabling enterprises and their customers to
embrace IoT connectivity through ensuring high-assurance security, efficiency and automation, at scale.
The eSIM market alone is forecast to grow to USD5.8bn by 2030 from USD1.2bn in 2024, implying a CAGR of almost 30%, driven
by technology advancements and the increasing adoption of IoT across both enterprises and consumers.
This strategic collaboration between Trasna and Kigen, two leaders in eSIM secure provisioning technology, will create
a go to market solution in the delivery of a top-tier eSIM managed service with geo-redundancy.
Kigen - Trasna JV Announcement 27 February 2026
"Cambridge, Dubai/London - 27th February 2026: Trasna and Kigen today announced an expanded strategic collaboration
focused on eSIM managed services and secure data management for eSIMs, including over-the-air subscriptions and device
management.
The joint offering combines the companies' eSIM server expertise to deliver a managed service with geo-redundancy with
secure servers in Dublin and Dubai, 24x7 customer support, and enhanced operations and maintenance-helping enterprises
simplify mass-scale IoT with a focus on security, efficiency, and automation.
As IoT becomes essential to modern operations at scale, converging cybersecurity regulations are increasing the need to
integrate security lifecycle management into the software stack. In this environment, eSIMs are increasingly seen as a
digital trust anchor for managing identity, credentials, and subscriptions across globally distributed deployments.
Trasna and Kigen are recognized leaders in eSIM provisioning, orchestration, and entitlement services, with deep
experience in remote provisioning and standards implementation, including GSMA SGP.32 readiness and automation. Kigen
achieved the industry's first GSMA-compliant server for the Kigen eIM in 2025, the key SGP.32 component simplifying
eSIM lifecycle management, including deployment, monitoring, and updates. Trasna has a strong established base with 20
billion SIM, eSIM and profiles delivered.
Trasna delivers end-to-end IoT cellular connectivity solutions spanning cellular IoT modules, SIM/eSIM and related
services, and device management platforms. Trusted by over 250 brands across 80+ countries, Trasna combines deep
technical expertise with integrated chip-to-cloud capabilities to simplify connectivity, enhance control, and support
scalable, future-ready deployments. By uniting hardware and cloud-based lifecycle management, Trasna enables customers
to drive efficiency, innovation, and long-term competitive advantage.
Stéphane Fund, CEO of Trasna:
"Our expanded collaboration with Kigen reflects the scale and maturity the IoT market now demands. As enterprises
accelerate SMDP+ adoption and prepare for GSMA SGP.32-driven automation, they require secure, resilient, and fully
managed eSIM infrastructure. Together with Kigen, we are combining proven server expertise, geo-redundant operations
and deep lifecycle management capabilities to deliver a trusted, enterprise-grade eSIM managed service that simplifies
global IoT at scale."
Vincent Korstanje, CEO of Kigen:
"By strengthening this collaboration, Trasna and Kigen have created a managed service that combines the eSIM server
performance and dedicated environments, including high-quality security assurances with a wide customer base. This
enables customers to rapidly launch and scale eSIM solutions, reduce infrastructure costs, and contribute to the
expansion of our customers' businesses. We are confident that this initiative is an innovative step to catalyzing eSIM
utilization."
With expanded joint delivery capability and customer reach, the companies aim to accelerate adoption and strengthen
market influence as IoT eSIM deployments scale worldwide."
Commenting, Duncan Soukup, Anemoi Chairman, said:
"I am extremely pleased to see the collaboration announcement between Trasna and Kigen, both of which are market
leaders in their own right. This collaboration provides the potential to accelerate their penetration in the high
growth global eSIM market."
"It is our understanding that Trasna hopes to compete for up to 10% to 15% of the eSIM market, estimated to amount to
USD5.8bn by 2030, which has the potential to represent a very substantial annual revenue opportunity for the Company over
the medium to long term"
Further information on the eSIM market can be found here:
eSIM Subscription Market Size and Share Forecast Outlook 2025 to 2035
eSIM Market (2025 - 2033)
Global e-SIM market surge
About Trasna
Trasna is a global IoT technology company that provides end-to-end, chip-to-cloud mobile connectivity solutions
spanning semiconductor design, SIM, eSIM, iSIM/SoC, cellular IoT modules, and full device- and subscription-management
platforms. Its offering includes secure SIM and eSIM technologies, ultra-compact cellular IoT modules, cloud-based eSIM
and device-management services, and integrated System-on-Chip solutions featuring RISC-V cores and embedded security.
By combining hardware, software, and lifecycle management into one vertically integrated stack, Trasna enables
organisations to deploy scalable, efficient, and secure IoT solutions across industries, serving over 250 brands in 80+
countries. www.trasna.io
About Kigen
Kigen is a security-focused IoT connectivity technology provider that delivers SIM, eSIM and integrated SIM (iSIM)
operating systems, along with remote SIM provisioning tools, to enable trusted digital identities and scalable cellular
connectivity for connected devices. The company's solutions simplify SIM delivery and lifecycle management across the
IoT value chain, supporting global connectivity, secure device onboarding, and cost-efficient manufacturing through
technologies such as eSIM OS, iSIM, and in-factory profile provisioning. Its products are industry-accredited,
standards-compliant, and power billions of devices worldwide, helping OEMs, enterprises, and service providers deploy
secure, flexible, and energy-efficient IoT systems at scale. www.kigen.com
END
Anemoi International Ltd www.anemoi-international.com
Enquiries enquiries@anemoi-international.com
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March 06, 2026 02:30 ET (07:30 GMT)
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