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M2M News ArchivesPosts Tagged ‘acquisition’
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 [...]
Trimble to Acquire PeopleNet to Expand its Presence in Growing Transportation and Logistics Market
Trimble announced today that it has signed an agreement to acquire privately-held PeopleNet, a leading provider of integrated onboard computing and mobile communications systems for effective fleet management. PeopleNet provides fleets with software and hardware solutions that help manage regulatory compliance, fuel costs, driver safety and customer visibility. The acquisition is expected to be immediately accretive upon close and will be reported in Trimble's Mobile Solutions segment. The transaction is expected to close in the [...]
Telit Communications acquires GlobalConect for US$2.9 million
Telit Communications revealed this morning it has bought GlobalConect for a US$2.9 million in cash and shares. GlobalConect provides the wireless connection used in machine-to-machine applications created by companies such as Telit. The newly-acquired company it is expected to become a major “building block” of the enlarged Telit business.Around US$700,000 of the acquisition costs will be met in cash, while 800,000 shares are being issued at 170 pence each. Telit said it could issue more shares depending on the performance of the [...]
KORE Wireless Group Inc Announces Completion of Acquisition of Mach Communications Pty Ltd
World's Largest Specialized M2M Communications Provider Underscores Commitment to Global Service Delivery Through Asia-Pacific Expansion KORE Wireless Group Inc., the world's largest wireless services group exclusively focused on the global machine-to-machine (M2M) communications market, today announced the definitive acquisition of Mach Communications Pty Ltd., a Melbourne-based wireless M2M network provider. The acquisition enables KORE to more effectively respond to the demands of the rapidly expanding global market for M2M [...]
Ericsson acquires Telenor’s M2M business
Telenor Connexion is taking an important step in developing its core business of providing its customers with premium M2M solutions for business and life critical applications. Through a strategic deal with Ericsson, this new direction allows the company to further focus on value added services, customization and service excellence. After having pioneered the M2M market in automotive, security and smart metering industries, Telenor Connexion developed an advanced M2M dedicated platform in 2009. This platform and managed M2M solutions [...]
ERCO & GENER establishes itself in Germany
FALCOM Wireless Communication Gmbh becomes a subsidiary of ERCO & GENER This acquisition allows ERCO & GENER to reinforce its position as a major actor in Europe for the supply of M2M communication solutions dedicated to industrial and professional applications for metering, automation, security and AVL and tracking application. Created in 1990 and as a German leader for industrial M2M solutions, FALCOM Wireless Communication Gmbh becomes a subsidiary of ERCO & GENER. Their offices are based in Langewiesen in Germany. The [...]
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