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Posts Tagged ‘acquisition’

ORBCOMM Acquires InSync Software

ORBCOMM Acquires InSync Software

Adds highly adaptable web platform to broad portfolio of M2M solutions. Enables rapid deployment of network services and products by end users and resellers across multiple vertical markets. ORBCOMM Inc., a leading global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of InSync Software, Inc. (InSync), a premier provider of Internet of Things (IoT) enterprise solutions across a broad spectrum of vertical markets, applications and customers. Headquartered in San Jose, CA, InSync’s [...]

Semtech Acquires Assets of EnVerv

Semtech Acquires Assets of EnVerv

Semtech Corporation, a leading supplier of analog and mixed-signal semiconductors, today announced that it has completed the acquisition of assets of EnVerv, Inc., a privately-held supplier of Power Line Communications and Smart Grid solutions targeted at advanced metering infrastructure, home energy management systems and Internet of Things applications. In conjunction with the asset acquisition, the EnVerv team of employees has joined Semtech. The Company expects the acquisition to be neutral to its full year Fiscal 2016 results. Terms of [...]

Silver Spring Networks to Acquire Detectent Inc., a Leading Provider of Utility Data Analytics Solutions

Silver Spring Networks to Acquire Detectent Inc.,  a Leading Provider of Utility Data Analytics Solutions

Smart Grid Pioneer Bolsters its Big Data Position, Broadens its Software and SaaS Solutions to Address Critical Utility Needs. Silver Spring Networks, Inc. today announced it has entered into an agreement to acquire privately held Detectent Inc., a leading provider of utility data analytics solutions. Based in Escondido, California, Detectent’s SaaS, subscription, and software solutions help improve advanced metering infrastructure (AMI) and utility grid operations, ensure revenue protection, and deliver enhanced customer engagement [...]

Sierra Wireless expands into M2M connectivity services with acquisition of Wireless Maingate

Sierra Wireless expands into M2M connectivity services with acquisition of Wireless Maingate

Sierra Wireless agrees to acquire Sweden-based Wireless Maingate for $90 million; expanding its position in the M2M value chain with the addition of wireless connectivity and value-added services for European customers. Sierra Wireless (NASDAQ: SWIR) (TSX: SW) and Wireless Maingate AB (Maingate), a Sweden-based provider of machine-to-machine (M2M) connectivity and data management services, today announced that Sierra Wireless has entered into a definitive agreement to acquire Maingate for US $90 million in cash. The transaction is expected [...]

KORE Wireless Group to Acquire RacoWireless

KORE Wireless Group to Acquire RacoWireless

Transaction Fueled by Recent Strategic Investment in KORE by ABRY Partners. Combined Entity with Heightened Scale Will Drive Global Adoption and Innovation in the Fastest-Growing Segment of the Wireless Communications Industry. KORE Wireless Group, Inc. (“KORE”), the leading global provider of managed M2M communications services, today announced that ABRY Partners (“ABRY”) one of the most experienced and successful communication sector-focused private equity investment firms in North America, has acquired a majority interest in KORE. [...]

ORBCOMM to Acquire SkyWave Mobile Communications

ORBCOMM to Acquire SkyWave Mobile Communications

Acquisition to create the largest global space-based M2M communications company. Transaction marks a second phase of ORBCOMM'’s collaboration with Inmarsat and significantly advances growth strategy. ORBCOMM Inc. (Nasdaq: ORBC), a leading global provider of Machine-to-Machine (M2M) solutions, today announced that it has entered into a definitive agreement to acquire SkyWave Mobile Communications (SkyWave), the largest M2M service provider on the Inmarsat (LSE: ISAT.L) global L-band satellite network, for $130 million. Based in Ottawa, [...]

Elecsys Corporation to be Acquired by Lindsay Corporation

Elecsys Corporation to be Acquired by Lindsay Corporation

Elecsys Corporation, a provider of innovative machine to machine (M2M) communication technology solutions, data acquisition systems, and custom electronic equipment for critical industrial applications, announced today that it has entered into a definitive agreement to be acquired by Lindsay Corporation, headquartered in Omaha, Nebraska. A leading provider of mechanized irrigation equipment, water management systems, and infrastructure products for the highway safety and railroad markets, Lindsay operates manufacturing facilities in six [...]

Huawei snaps up UK IoT pioneer Neul

Huawei snaps up UK IoT pioneer Neul

Chinese giant pays $25m for the creator of the Weightless air interface and would-be standard. All the major wireless players are jostling to pile up technology and IPR assets in the internet of things (IoT), and to drive the standards which will underpin those networks. Some, like Qualcomm, are pushing their homegrown platforms, while others are turning to acquisition of promising start-ups. Huawei has announced a deal in the latter category, paying $25m for UK-based IoT specialist Neul. Neul (the Gaelic world for 'cloud') developed a [...]

PTC Completes Acquisition of Axeda

PTC Completes Acquisition of Axeda

Technology Enables Customers to Bring Smart, Connected Products to Market Faster. PTC (Nasdaq: PTC) today completed its acquisition of Axeda Corporation, a developer of solutions that securely connect machines and sensors to the cloud. Axeda's technology innovation, extensive customer base, and powerful partnerships directly complement the PTC ThingWorx business, and will accelerate PTC's ability to deliver best-in-class solutions to its customers in the Internet of Things era. An innovator in the IoT technology market, Axeda serves more [...]

u-blox acquires IP for industrial Wi-Fi

u-blox acquires IP for industrial Wi-Fi

Antcor acquisition strengthens u-blox’ technology for robust short-range connectivity. Swiss u-blox (SIX:UBXN), a leading provider of wireless and positioning semiconductors and modules for the automotive, industrial and consumer markets, has acquired the company Antcor, a developer of Wi-Fi baseband intellectual property (IP). The acquisition consists of a purchase of 100% of the shares of Antcor Advanced Network Technologies S.A. at a price of EUR 5.2 million (CHF 6.3 million), in addition to an earn-out which offers the sellers the [...]

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