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M2M News Archives‘General M2M Business News’ Archives
ORBCOMM Signs Seven New Customers in Transportation and Logistics Industry
Provides state-of-the-art ReeferTrak® platform for two-way command and control of refrigerated transport assets/ ORBCOMM Inc. (Nasdaq: ORBC), a global cellular and satellite data communications company specializing in two-way Machine-to-Machine (M2M) communications and solutions, today announced that its state-of-the-art ReeferTrak® platform has been selected by seven new domestic and international transportation and logistics companies. ReeferTrak® is an industry-leading application that enables customers to proactively monitor, manage [...]
Novatel Wireless Reports First Quarter 2013 Financial Results
Consolidated first quarter revenue increases 22% sequentially | Mobile Computing revenue increases 18% sequentially | Machine-to-Machine revenue increases 52% sequentially Novatel Wireless, Inc. (NASDAQ: NVTL), a leading provider of intelligent wireless solutions, announced financial results for the first quarter ended March 31, 2013. Revenue in the first quarter was $85.9 million, up 22% compared to $70.7 million in the fourth quarter of 2012. GAAP net loss in the quarter was $9.1 million, or $(0.27) per share, up from a loss of $14.9 [...]
Gemalto Named Computerworld Honors Laureate for M2M Technology Used to Help Thwart Deforestation in Amazon Rainforest
Gemalto recognized in the World-Good category for its leading-edge technology used to help thwart illegal deforestation in the Amazon rainforest of Brazil. Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been named a 2013 Laureate of IDG’s Computerworld Honors Program. Gemalto was recognized in the World-Good category for its leading-edge Cinterion® M2M technology used in an innovative device and pilot program that helped thwart illegal deforestation in the Amazon rainforest of Brazil. The annual award [...]
ThingWorx and Nippon Systemware (NSW) Partner to Deliver and Support SaaS-based M2M Solutions in Japan
ThingWorx and NSW Partner to Deliver and Support Next Generation M2M Solutions in Energy Telematics and Building Management etc. ThingWorx™ today announced that they have formalized a multi-faceted partnership agreement with Nippon Systemware (NSW), a leading supplier of information systems and product solutions, covering ThingWorx-based M2M solutions for Japan. Under this agreement NSW will deliver “Powered by ThingWorx™” SaaS-based solutions initially targeted at the vehicle telematics, energy management, and smart building [...]
Novatel Wireless and LoJack SCI Sign Agreement on M2M Based Supply Chain Protection Solutions
Novatel Wireless, Inc., a leading provider of intelligent wireless solutions, today announced that it has entered into a Supply Agreement with LoJack SCI, the leading supplier of supply chain integrity and tracking solutions. The agreement includes Machine-to-Machine (M2M) mobile tracking and workforce monitoring devices by Novatel Wireless, which will serve as a key component of LoJack SCI’s cargo and asset tracking offerings. The Agreement also provides for recurring revenue share by Novatel Wireless generated from LoJack SCI’s service [...]
AT&T and Wipro Expand Relationship to Help Businesses Adopt Machine-To-Machine Solutions
Agreement Focuses on Building Solutions on AT&T M2M Application Platform Powered by Axeda, Used by Companies Globally. AT&T* is making it even easier for businesses globally to implement machine-to-machine (M2M) solutions by expanding its relationship with Wipro Ltd., a leading global Information Technology, Consulting and Outsourcing company. Announced today at the Axeda Connexion conference, the two companies will work together to offer M2M development services and systems integration across all major industries. Mike Troiano , Vice [...]
Deutsche Telekom and DriveFactor offer insurers complete M2M solution for usage-based insurance (UBI)
M2M solution enables insurers to roll-out reward programs for safe drivers | Do-it-yourself device installation by insured persons accelerates time to market Deutsche Telekom and DriveFactor are presenting on May 7 and 8 at the European Insurance Telematics Conference in London a complete usage-based insurance (UBI) solution that enables motor insurers to offer their customers special benefits for driving safely. The offer is based on a machine-to-machine (M2M) solution that evaluates driving behavior. For the insurer it is a turnkey [...]
Telular Corporation to Be Acquired by Avista Capital Partners
Telular Shareholders to Receive $12.61 per Share in Cash; Transaction Valued at $253 Million, Including Net Debt. Telular Corporation (“Telular”) and Avista Capital Partners (“Avista”) today jointly announced that they have entered into a definitive agreement providing for the acquisition of Telular for $12.61 per share net in cash and approximately $18.5 million in assumed net debt, or approximately $253 million in total consideration. The purchase price represents a 31% premium to the closing share price on April 26, 2013, the last [...]
ITTIA DB SQL Offers M2M Data Management for the Internet of Things
ITTIA, the leader in modern database software for embedded systems and smart devices, introduces its Machine to Machine (M2M) data management solution. Based on ITTIA DB SQL peer-to-peer replication technology, this solution enables embedded systems to efficiently and reliably manage local data that is transparently shared with other systems. ITTIA's M2M solution offers embedded system developers an easy way to connect applications and communicate information. Developers can build applications with ITTIA DB SQL that benefit from standard [...]
Sierra Wireless Reports First Quarter 2013 Results
First quarter 2013 revenue of $101.4 million, up 9.8%, year-over-year | Non-GAAP loss from operations of $1.4 million, compared to a loss of $2.8 million a year ago | Non-GAAP net loss from continuing operations of $0.7 million and loss per share of $0.02, compared to non-GAAP net loss of $2.8 million a year ago and loss per share of $0.09 Sierra Wireless, Inc. today reported first quarter 2013 results. All results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles (GAAP), [...]
