Internet infrastructure provider Meter has acquired WiredScore, the global certification for digital connectivity and smart technology in real estate, for an undisclosed price.
Meter provides internet infrastructure for enterprises and commercial buildings, delivering reliable, secure and scalable connectivity across internet, wi-fi and cellular. The acquisition marks a significant step in Meter’s next phase of growth, supporting its ambition to ensure every business has access to fast, secure and reliable internet.
Founded in 2013, WiredScore has become the global benchmark for connectivity and smart building certification, working with more than 1,000 landlords and developers across 42 countries and certifying more than 1bn sq ft of real estate worldwide.
The WiredScore acquisition helps Meter support landlords and occupiers at scale while accelerating the international adoption of best practices in digital building performance.
Anil Varanasi, co-founder and CEO of Meter, said: “Digital infrastructure is now as fundamental to a building’s value as its physical construction. WiredScore has spent over a decade defining what great looks like in this space. Bringing their standards, relationships, and global reach together with our infrastructure gives us the platform to scale connectivity in real estate worldwide.”
William Newton (pictured), CEO of WiredScore, said: “This partnership enables us to advance our mission at a greater scale. Meter shares our conviction that internet connectivity is fundamental infrastructure. Together, we can continue investing in the standards, research, and global relationships that drive better digital performance across real estate portfolios.”
Newton added: “We are excited to formalise how WiredScore creates its standards through the formation of a governance council comprising active members of WiredScore’s already flourishing network of advisers. This approach enables us to continue shaping the future of technology in real estate with our most important industry partners by our side.”
