u-blox acquires Cognovo for $16.5 million for 4G chip technology

u-blox, a provider of positioning and wireless semiconductors, on Thursday announced 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 products that require 4G communications combined with global positioning.

Smart City M2M connections to exceed 500 million by 2020

According to a new report my Machina Research, machine-to-machine (M2M) communication in Smart Cities & Public Transport represents a sizeable opportunity for market players, and predicts the market will grow from 59 million connections in 2011 to 512 million in 2020.

Israeli firm unveils smart power storage system

Reuters

Israeli firm Nation-E unveiled a new battery system that stores, manages and distributes energy, potentially cutting consumers' electricity costs and allowing solar and wind power to be used more effectively.


The battery functions like a self-contained "smart grid" that knows how to store energy when electricity is cheap and demand is low and then give it back during peak hours when tariffs are high, the company said on Monday.

Orange, Gemalto launch deployment of NFC SIM Cards in France

On Thursday, Orange, a mobile operator in France with over 27 million subscribers, and Gemalto, a provider of digital security, announced a large-scale rollout of a SIM-based NFC service to enable NFC-readiness for mass deployment of mobile contactless services.

Telco mergers could put end to harmful phone subsidies

Reuters

Mobile phones subsidies are a thorn in the side of European telecom operators because they result in lower margins and increased revenue volatility, says Fitch Ratings. As much as companies would like to end handset subsidies, fierce competition in some European markets prevents individual operators from acting unilaterally.

Vodafone shaved $1.5 billion off taxes in UK

Reuters

The world's largest mobile phone company, Vodafone Group, has shaved $1.5 billion, and possibly more, off the taxes its UK operating unit might have paid in the past decade, thanks to accounting factors not seen at other European units.

China, U.S., seen as future innovators in Cloud

Asked to predict future disruptive technologies and the next epicenter for innovation, technology executives worldwide believe that China and the United States will be at the forefront, with Cloud enabling both the next indispensable consumer technology and business transformation for enterprises.

Iridium creates JV to monitor airlines using satellite

Air traffic management agencies around the globe will now be able to continuously track aircraft anywhere in the world through Aireon LLC, a planned joint venture announced last week by Iridium Communications Inc.

Smart meter firm Echelon eyes Russia

Reuters

U.S. energy-saving group Echelon expects to double sales of its smart meters in Russia in 2013 as it seeks to offset stagnant Western markets by responding to a growing Russian political will to cut energy waste.


Russia wants to reduce energy intensity - a measure of usage - by 40% by 2020 to modernize Soviet-era companies which Prime Minister Dmitry Medvedev has said were only 5-10% as energy efficient as foreign rivals in some cases.

Telit modules used in waste management reduce operating cost by 80%

Telit Wireless Solutions, a global provider of machine-to-machine (M2M) modules and services, on Monday announced that its M2M modules will enable connectivity for solar compactors and waste receptacles operated by BigBelly Solar, a provider of sustainable services for the management of waste and recycling.

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