Koch Equity Development Acquires GCH Technologies Inc.
Acquisition will help GCH accelerate solutions to service the messaging ecosystem and drive new wireless innovation
As the new strategic partner for Common Short Code Registry Services beginning
"GCH is excited to be working with our colleagues in the wireless community to develop the next generation of messaging solutions and beyond," said Cray. "As part of KED, we will have the long-term backing, operational insight, and reinvestment commitment that align with our strategy to scale, innovate, and create value."
With a forward-thinking approach to infrastructure modernization, GCH will not only lead efforts to upgrade the nation's Short Code Registry but also expand capabilities to help drive new initiatives like RCS Rich Business Messaging and other emerging technologies that enable rapid scaling and market adoption. Holsenbeck added, "We are proud of the solutions we have envisioned and developed and look forward to partnering with the wireless ecosystem to advance innovation. With KED's support, we will accelerate our product pipeline and respond faster to the evolving needs of the wireless industry."
About GCH Technologies Inc. (GCH)
GCH Technologies is a specialized wireless technology company focused on improving wireless infrastructure and services across the ecosystem. Founded by industry veterans, the company develops cutting-edge platforms and solutions for the evolving wireless industry, starting with short code registry operations and solutions that serve the messaging ecosystem.
About Koch Equity Development LLC (KED)
Koch Equity Development is the principal investment and acquisition arm of Koch, Inc. ("Koch"), one of the largest privately held businesses in America. Since 2012, KED has deployed more than
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SOURCE Koch Equity Development
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