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M2M News ArchivesPosts Tagged ‘acquisition’
Verizon to Acquire Hughes Telematics, Inc.
Verizon to Expand Capabilities in Automotive and Fleet Telematics and Accelerate Growth in Emerging Machine-to-Machine Services Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Hughes Telematics, Inc. (OTCBB: HUTC) today announced a definitive merger agreement under which Verizon will acquire Hughes Telematics, Inc. (HTI) for $12.00 per share in cash, or a total of $612 million. The transaction will expand Verizon's capabilities in the automotive and fleet telematics marketplace and accelerate growth in key vertical segments, [...]
Silicon Labs acquires Ember, gains low-power 2.4 GHz wireless mesh networking technology
Silicon Laboratories Inc. (Nasdaq: SLAB), a leader in high-performance, analog-intensive, mixed-signal ICs, today announced it has signed a definitive agreement to acquire Boston-based Ember Corporation for initial consideration of $72 million, subject to an adjustment for certain working capital amounts and potential earn-out consideration. Ember is a late-stage private company offering market-leading silicon, software and development tools for 2.4 GHz wireless mesh networking solutions being deployed in smart energy, connected home, [...]
Wyless acquires majority stake in engineering firm ClearConnex
Wyless , the leading global Machine to Machine ( M2M ) managed services provider announced today that it has completed the acquisition of a majority stake in ClearConnex Inc, an innovative wireless M2M device engineering company based in Research Triangle Park, NC., USA. ClearConnex provides end-to-end engineering services including board level design, embedded software, project management, outsourced technical support and certification services. ClearConnex also has a licensable device management software platform, ClearComm, that speeds [...]
Murata Announces Definitive Agreement to Acquire RF Monolithics, Inc.
Murata Manufacturing Co., Ltd., the world's number one supplier of passive electronic components, announced today that Murata Electronics North America, Inc., its full subsidiary has signed a definitive agreement to acquire RF Monolithics, Inc. in an all cash transaction. Targeted to close in the third calendar quarter of 2012, the deal will pay the holders of RFM common shares $1.78 per share. RF Monolithics, Inc., (hereinafter referred to as "RFM"), headquartered in Dallas, Texas, is a [...]
Linear Technology Acquires Dust Networks
The addition of low-power wireless sensor network technology extends Linear’s product portfolio into key growth areas in industrial process control, data acquisition, and energy harvesting. Linear Technology Corp., a leader in high-performance analog integrated circuits, announced the acquisition of Dust Networks Inc., a leading provider of low-power wireless sensor network technology. The acquisition of Dust Networks, based in Hayward, CA, will enable Linear to offer a complete high-performance wireless sensor networking solution. [...]
Telit Communication acquires Navman Wireless
Acquisition of U.S.-Based GPS Module Maker Expands Market Opportunities for Telit's Machine-to-Machine (M2M) Wireless Applications Telit Wireless Solutions (AIM: TCM), a global leader in machine-to-machine (M2M) wireless technology, has entered into a binding agreement to purchase Navman Wireless OEM Solutions, a leading designer and manufacturer of world-class Global Positioning System (GPS) modules and solutions, for $3 million in cash. This latest Telit acquisition comes on the heels of its March 2011 acquisition of Motorola [...]
Gemalto acquires M2M service delivery platform provider SensorLogic
Gemalto, the world leader in digital security, today announced that it has acquired SensorLogic. Terms of the transaction, which was structured as an asset deal, were not disclosed. Founded in 2002, with its main location in Plano, Texas, SensorLogic has developed a cloud-based, machine-to-machine (M2M) service delivery platform which allows customers to build, deploy and manage M2M solutions in a broad range of applications such as asset tracking, telematics and equipment monitoring and servicing. The SensorLogic “platform as a [...]
Siemens to Acquire eMeter to Enhance Smart Grid Offering
Agreement to Purchase eMeter Corporation Will Bolster Siemens Smart Grid Portfolio and Integration Capabilities Siemens Industry, Inc. (NYSE: SI) announced today that it has signed an agreement to acquire all of the stock of eMeter Corporation, headquartered in San Mateo, California (“eMeter”). The parties expect to close the deal in December 2011, subject to necessary approvals and customary closing conditions. The parties will not disclose the terms of the agreement. eMeter will be part of the Smart Grid Division of the Siemens [...]
Telular Announces the Acquisition of SkyBitz; Extending Its Portfolio of Leading M2M Solutions
SkyBitz is a North American Market Share Leader in Asset Tracking with Approximately 190,000 Assets Tracked. Telular Corporation, a global leader in connecting businesses and machines over wireless networks, today announced the signing of a definitive merger agreement to acquire SkyBitz, Inc.- the leading provider of mobile resource management ("MRM") solutions focusing on tracking and management of truck trailers, intermodal containers, sea-going containers, rail cars, power generators and rental equipment. The acquisition expands [...]
u-blox acquires Fusion Wireless
Acquisition expands u-blox’ reach in the US CDMA wireless markets. u‑blox, the Swiss positioning and wireless chip and module company, announces the acquisition of San Diego based Fusion Wireless, a provider of CDMA wireless modules for consumer and M2M applications in North America. “The acquisition of Fusion Wireless immediately gives u-blox new, cutting-edge wireless module products plus access to the huge embedded CDMA market in North America for both consumer and M2M applications. It also expands our wireless module technology [...]
