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Posts Tagged ‘acquisition’

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 [...]

Worldsensing acquires Bitcarrier to become world-leader in Smart Cities traffic management

Worldsensing acquires Bitcarrier to become world-leader in Smart Cities traffic management

Worldsensing, a Smart City pioneer with the largest smart parking footprint to-date, has announced the acquisition of Bitcarrier, a world-leader in traffic flux and journey time monitoring. Concluded in the early hours of February 24th for an undisclosed sum, this strategic acquisition allows Worldsensing to further consolidate the world-leading position of its Traffic Division with an unprecedented smart traffic management platform. Bitcarrier’s journey time monitoring technology complements Worldsensing’s intelligent parking system [...]

Wyless Announces Agreement to Acquire ASPIDER M2M

Wyless Announces Agreement to Acquire ASPIDER M2M

Wyless, the global leader in M2M managed services today announced an agreement to acquire ASPIDER M2M, the European leader in M2M MVNE solutions. Headquartered in the Netherlands, ASPIDER M2M provides a broad range of advanced M2M/IOT applications to global customers, principally in the Benelux and for the German speaking markets, where they maintain multiple offices. ASPIDER M2M runs its own Cisco and Oracle based core network of GGSNs, HLRs and Intelligent Network. This allows ASPIDER M2M to act as an MVNE for M2M/IOT and to provide an [...]

Sierra Wireless Extends Leadership in Key M2M Markets with Agreement to Acquire In Motion Technology

Sierra Wireless Extends Leadership in Key M2M Markets with Agreement to Acquire In Motion Technology

Sierra Wireless to acquire Vancouver-based In Motion Technology for US $21 million | Builds leadership position in wireless solutions for high-growth public safety, transit, and commercial fleet markets. Sierra Wireless and In Motion Technology Inc. today announced that Sierra Wireless has entered into a definitive agreement to acquire Vancouver-based In Motion for $21 million US dollars in cash consideration, subject to certain customary post-closing adjustments. In Motion is a leader in mobile enterprise solutions, providing rugged [...]

Thinfilm Acquires Kovio Technology, Opens Silicon Valley NFC Innovation Center

Thinfilm Acquires Kovio Technology, Opens Silicon Valley NFC Innovation Center

Thinfilm to deliver NFC-readable sensor labels in 2014; Sensing, memory, and RF communication, all in a single label for < $1. Thin Film Electronics ASA ("Thinfilm"), leader in commercializing printed electronics, announced today that it has completed acquisition of Kovio technology, intellectual property, and manufacturing assets, and has opened the Thinfilm NFC Innovation Center in the heart of Silicon Valley. Davor Sutija, Thinfilm CEO, explains: "Adding NFC to our printed electronic memory and sensor platform will allow the seamless [...]

Google to Acquire Nest Labs for $3.2 billion

Google to Acquire Nest Labs for $3.2 billion

Google Inc. announced today that it has entered into an agreement to buy Nest Labs, Inc. for $3.2 billion in cash. Nest’s mission is to reinvent unloved but important devices in the home such as thermostats and smoke alarms. Since its launch in 2011, the Nest Learning Thermostat has been a consistent best seller--and the recently launched Protect (Smoke + CO Alarm) has had rave reviews. Tony Fadell, CEO of Nest, said: “We’re thrilled to join Google. With their support, Nest will be even better placed to build simple, thoughtful [...]

PTC Acquires ThingWorx

PTC Acquires ThingWorx

Acquisition accelerates PTC’s ability to support companies seeking product and service advantage in a smart, connected world. PTC (Nasdaq: PTC) today announced it has acquired ThingWorx, creators of an award-winning platform for building and running applications for the Internet of Things (IoT), for approximately $112 million, plus a possible earn-out of up to $18 million. The acquisition of ThingWorx positions PTC as a major player in the emerging Internet of Things era. The ThingWorx acquisition extends PTC's strategy by accelerating [...]

Sierra Wireless Enters Agreement to Acquire M2M Embedded Module and Modem Assets of AnyDATA Corporation

Sierra Wireless Enters Agreement to Acquire M2M Embedded Module and Modem Assets of AnyDATA Corporation

Sierra Wireless today announced it has entered into an agreement with AnyDATA Corporation and its subsidiaries to acquire substantially all of the assets of AnyDATA’s machine-to-machine (M2M) embedded module and modem business. The transaction is expected to close by the end of this month. Highlights: Expands Sierra Wireless’s global market share leadership in machine-to-machine (M2M) Provides leading position in important Korean market, with established sales channels, long term customer relationships, and advanced 4G [...]

ORBCOMM Acquires The SENS Asset Tracking Operation

ORBCOMM Acquires The SENS Asset Tracking Operation

Expands ORBCOMM’s Offerings with One-Way Satellite Products and Services Utilizing the Globalstar Network. ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of Comtech Mobile Datacom Corporation’s (Comtech) Sensor Enabled Notification System (SENS) operation, which includes satellite hardware, network technology and web platforms. SENS is a market leader in providing one-way satellite products and services to more than 20,000 subscribers [...]

Telit acquires ILS Technology

Telit acquires ILS Technology

Acquisition of ILS Technology LLC expands Telit’s m2mAIR services division into cloud platform backend services. Telit Wireless Solutions Inc., a fully owned subsidiary of Telit Communications Plc, has entered into an agreement to purchase US-based (Boca Raton, FL) ILS Technology LLC, a leading provider of a ready-to-use, off-the-shelf, cloud platform to connect enterprise IT systems to m2m-connected devices and machines for business-critical use. ILST’s solutions are easy to deploy, reaching any m2m device and connected asset without [...]

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