RSS feed
M2M News ArchivesPosts Tagged ‘acquisition’
Numerex Acquires New Technical Capabilities With AVIDwireless
Numerex Corp, a leading provider of on-demand and interactive machine-to-machine (M2M) enterprise solutions, announced today the purchase of the assets and business of AVIDwireless, including intellectual property and know-how, that will support the development of Numerex next-generation M2M platforms and managed services. AVIDwireless established a solid reputation in the M2M industry with regard to innovative and carrier-grade engineering solutions to enterprise. Customers served by AVIDwireless typically require rapid development of mobile [...]
Sierra Wireless Enters into Agreement to Sell Assets of AirCard® Business to NETGEAR
Expected net cash proceeds of approximately $100 million USD | Transaction enables Sierra Wireless to accelerate growth of machine-to-machine (M2M) business | Company provides preliminary fourth quarter and full year 2012 financial highlights. Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today announced it has executed a definitive agreement for the sale of substantially all of the assets and operations related to its AirCard® business to NETGEAR®, Inc. (NASDAQGM: NTGR) for $138 million in cash plus approximately $6.5 million in assumed [...]
Quake Global Acquires ODIN RFID
Quake Global, Inc., a leading global provider of satellite and terrestrial asset tracking and monitoring technology to the Machine to Machine (M2M) market, announced today that it has completed the acquisition of Washington D.C. based ODIN Technologies, Inc., a leading designer of RFID solutions for the healthcare, government, asset management, and other industries. QUAKE’s CEO, Polina Braunstein said: “The ODIN RFID acquisition is an important milestone towards achieving QUAKE’s goal of becoming the world’s foremost provider of [...]
Acquisition of Crossbridge Solutions Inc. expands market opportunities for Telit’s m2mAir division
Telit Communications Plc has entered into and consummated an agreement to purchase Crossbridge a premier US based M2M data and value added services provider located in Lincolnshire, Illinois, U.S.A. January, 02.2013 - The acquisition of Crossbridge and its U.S. based engineering and sales staff will allow Telit to expand its m2mAIR business unit offerings in M2M value added services and connectivity to the USA. Oozi Cats, Chief Executive of Telit, said: "The Crossbridge acquisition provides Telit with access to American value added [...]
Digi International Acquires Etherios, a Leading Cloud Computing Services Provider
Digi International (NASDAQ: DGII) announced the purchase of Chicago-based Etherios, Inc., a salesforce.com Platinum Partner and creator of The Social Machine®, a revolutionary new cloud-based method for integrating machines into core business processes via the Salesforce Service Cloud. Combining the iDigi® Device Cloud™ with The Social Machine® will enable almost any machine, anywhere in the world, to connect rapidly and easily to the Service Cloud. By enabling real-time machine interactions with organizations’ workflows, customers [...]
Sierra Wireless Completes Acquisition of Sagemcom M2M Business
Sierra Wireless, Inc. today announced that it has completed the acquisition of Sagemcom’s machine-to-machine (“M2M”) business. Details of the acquisition were first announced on June 18, 2012. Sagemcom, a leading French high-technology group active in broadband, telecom, energy, and document management, has successfully built a growing M2M franchise that includes 2G and 3G wireless modules, as well as industry-leading rugged terminals for GSM-Railway (GSM-R) applications. Acquiring the [...]
Murata to Acquire RF Monolithics
The acquisition will enable Murata Electronics North America to leverage RFM’s low-power technology, as well as its expertise in design and development of production-ready RF modules, SAW-based and RFIC short-range radios, and stand-alone radio systems. Murata Electronics North America Inc. and its parent company Murata Manufacturing Co. Ltd., the world's number one supplier of passive electronic components, announced that it has closed the deal to acquire RF Monolithics Inc. (RFM). The cash transaction paid the holders of RFM common [...]
Melrose to Acquire Elster, Smart Meter Giant, for $2.3B
British firm Melrose to acquire the German metering giant for the rumored $20.50 per share. German smart metering giant Elster Group SE on Friday announced that it has agreed to an acquisition by British buyout firm Melrose PLC, for $20.50 per American Depository Share, or about $2.3 billion. The deal, first reported two weeks ago, will allow Melrose to buy shares of the German metering giant from Rembrandt Holdings, an entity owned by funds managed by private equity firm CVC Capital Partners. Elster listed its shares on the New York [...]
Acquisition of Cognovo gives u-blox own 4G chip technology
ARM spin-off Cognovo enables u-blox to address new markets for high-speed LTE modems. u-blox (SIX:UBXN), a global leader in positioning and wireless semiconductors, announces the acquisition of UK-based Cognovo Ltd., a company specializing in "Software Defined Modem" (SDM) chip development technology. The acquisition extends u-blox' chip design capabilities to create differentiated products for strategic markets that require 4G communications combined with global positioning. Thomas Seiler, u-blox CEO, said: "This is a very [...]
Sierra Wireless Reaches Agreement to Acquire Sagemcom M2M
Sierra Wireless enters exclusivity agreement for acquisition of Sagemcom’s M2M business, further extending its leadership position in the growing Machine-to-Machine market Sierra Wireless (NASDAQ: SWIR) (TSX: SW) today announced it has entered into an exclusivity agreement for the acquisition of Sagemcom’s machine-to-machine (M2M) business. Sierra Wireless has submitted a binding offer to acquire substantially all of the assets of the business for €44.9 million in cash consideration plus assumed [...]
