In response to the growing importance of scale in the IoT market, companies are increasingly pursuing mergers and acquisitions to consolidate their positions. Sweden's Netmore has announced its acquisition of Senet, a LoRa network operator based in Portsmouth, New Hampshire. This move aims to establish market leadership by capitalizing on the increasing demand for IoT connectivity. Both companies specialize in operating LPWANs, serving various IoT devices. Netmore's acquisition effectively doubles its size, expanding its presence across Europe and the United States. The financial details were not disclosed. This acquisition aligns with Netmore's strategy of consolidating LoRa network operations and reflects broader trends in IoT M&A activities. Analysts see consolidation as driven by the pursuit of higher profitability and the significant opportunities in the US IoT market. While LoRa remains prominent, cellular technologies like LTE-M and NB-IoT are also gaining traction.