On Monday, Sierra Wireless announced it has entered into an 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 $56.6 million in cash.
Last week, Everything Everywhere, the UK’s biggest communications company, and Nokia Siemens Networks, a telecom equipment vendor, announced a partnership for the remote stock monitoring of smart vending machines.
Location-based services company flaik is expanding its GPS-based locator system to international markets using the machine-to-machine (M2M) platform from Orange Business Services.
Sonus Networks, Inc., a provider of SIP communications equipment, and Network Equipment Technologies, Inc., a provider of networking services for communications in Unified Communications (UC), SIP trunking and cloud-based deployments, on Tuesday announced they have entered into a definitive agreement for Sonus to acquire NET for $42 million.
European telecom operators are planning to charge customers more for faster new fourth-generation (4G) mobile services in the hope of recouping massive network investments and clawing back lost pricing power.
It's a risky approach since it could put off recession-weary customers and slow the adoption of a technology that benefits telcos by lowering operating costs and helping reduce network overload.
Nokia Siemens Networks aims to supply more than a third of Brazil's nascent fourth-generation (4G) wireless network, the head of its Latin American board said on Wednesday.
Ciena Corporation, a supplier of telecommunications network equipment, on Monday announced that Samsung SDS Co., Ltd., an information and communications technology service provider, has deployed Ciena's full portfolio of intelligent Packet-Optical Switching, Packet-Optical Transport, Carrier Ethernet (CES) and ON-Center Management Suite services to create its own private network, which will connect offices and employees across multiple locations globally.
InterDigital Inc said on Monday it had agreed to sell to Intel Corp about 1,700 wireless technology patents for $375 million, sending InterDigital shares up 27%.
The agreement involves patents primarily related to 3G, LTE and 802.11 technologies.
Market research firm Infonetics Research released excerpts from a report analyzing and forecasting telecom operator revenue and capital expenditures (capex). Based on the report, Infonetics expects worldwide capex to spike in 2012, then level out in 2015 and 2016 at around the $345 billion mark.
U.S. lawmakers are pressing two top Chinese technology companies to disclose their inner workings in a probe into security threats to U.S. telecommunications. Closely held Huawei Technologies Co Ltd and ZTE Corp were asked Tuesday by letter to document, among other things, their interactions with the Chinese Communist Party and advice given to them by five consultancies, including International Business Machines Corp, Accenture and PricewaterhouseCoopers (PwC). ZTE also was asked about its business in Iran.