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Posts Tagged ‘acquisition’

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 [...]

PTC to Acquire Axeda to Expand Internet of Things Technology Portfolio

PTC to Acquire Axeda to Expand Internet of Things Technology Portfolio

Axeda’s connectivity expertise to extend PTC’s ability to deliver secure, closed loop lifecycle management for smart, connected products. PTC (Nasdaq: PTC) today announced it has signed a definitive agreement to acquire privately-held Axeda Corporation, a pioneer in the development of solutions to securely connect machines and sensors to the cloud, for approximately $170 million in cash. Axeda's technology innovation, extensive customer base, and powerful partnerships directly complement the PTC ThingWorx business, and will accelerate [...]

u-blox acquires connectBlue; adds Wi-Fi and Bluetooth connectivity

u-blox acquires connectBlue; adds Wi-Fi and Bluetooth connectivity

Short range radio modules bolster u-blox’ "Internet of Things" strategy. Swiss-based u-blox (SIX:UBXN) announces the acquisition of Swedish connectBlue AB, an established provider of industrial-grade short range radio modules. These products support industry standards Bluetooth and IEEE 802.11 / Wi-Fi that enable the last hundreds of meters of connectivity between equipment and the internet. The acquisition greatly enhances the u-blox portfolio of positioning and cellular wireless communications solutions with short range communication [...]

Numerex Announces Definitive Agreement to Acquire Omnilink

Numerex Announces Definitive Agreement to Acquire Omnilink

Merger Expands Product Portfolio in Core and Emerging Markets, Increases Recurring Service Revenues. Numerex Corp, a leading provider of on-demand and interactive machine-to-machine (M2M) enterprise solutions announced today that it has signed a definitive agreement to acquire Omnilink Systems Inc., an award-winning M2M company providing reliable and intuitive tracking and monitoring solutions to businesses, consumers, and government agencies. With Omnilink's technology, product offerings, and strategic alliances, Numerex expands its [...]

ORBCOMM Acquires Euroscan, Europe’s Leading M2M Provider of Refrigerated Transportation Solutions

ORBCOMM Acquires Euroscan, Europe’s Leading M2M Provider of Refrigerated Transportation Solutions

Expands ORBCOMM’s leadership in cold chain and establishes distribution channel for all ORBCOMM solutions in Europe. ORBCOMM Inc., a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of Euroscan Holdings, B.V. (Euroscan), a leading global supplier of refrigerated transportation temperature compliance recording systems. Based in the Netherlands, Euroscan’s integrated turn-key systems are used worldwide to ensure the safe and secure transportation of food and pharmaceuticals by [...]

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