DragonWave acquires Nokia Siemens microwave business

On Friday, DragonWave, Inc. (Ottawa, Canada) announced plans to acquire Nokia Siemens Networks' (Espoo, Finland) microwave transport business, including its associated operational support systems (OSS) and related support functions. Under the deal, Nokia Siemens Networks (NSN) will retain responsibility for its existing sales and associated services for microwave transport, while DragonWave will be responsible for the product line, including R&D, product management and operations functions.

Telecom revenue $1.86 trillion in 2011, CAPEX $311 billion

Market research firm Infonetics Research (Campbell, Calif., U.S.A.) on Tuesday released excerpts from its Service Provider Capex, Opex, ARPU, and Subscribers report, which reported that telecom capital expenditures (CAPEX) were up 6% to $311 billion in 2011, while revenue was up 8% to $1.86 trillion.

Orange launches venture-capital Fund for digital start-ups

France Telecom-Orange (Paris, France) and Publicis Groupe (Paris, France), an advertising and communications company, announced on Monday plans to launch a new venture capital fund. The fund will finance and develop digital start-up, particularly in France and the European Union, says Orange.

Iridium announces Q3 results, raises 2011 outlook

Iridium Communications Inc. (McLean, Va., U.S.A.) on Tuesday reported financial results for the third quarter of 2011 and raised its outlook for 2011. Iridium reported third-quarter total revenue of $102.1 million, which consisted of $69.4 million of service revenue and $32.8 million of equipment, engineering and support revenue. Total revenue grew 8% versus the comparable period of 2010, while service revenue increased 11% from the year-ago period.

Sprint, Sierra Wireless collaborate on deployment of connected devices

Sierra Wireless (British Columbia, Canada) and Sprint (Overland Park, Kan., U.S.A.) last week announced they are collaborating to help application developers, product manufacturers, and machine-to-machine (M2M) service providers deploy new services. The two companies will co-market Sierra Wireless’ M2M Cloud Platform and Sierra Wireless will support Sprint modules pre-certified on its network.

Smart meter firm Sensus explores sale

Reuters

U.S. smart metering company Sensus (Raleigh, N.C., U.S.A.) is exploring a potential sale of the company and has hired bankers to advise the company on a deal that could potentially cost up to $1 billion, people familiar with the matter said.

Privately held Sensus, which makes smart meters, software and communication systems for the electric, gas, and water industries, is preparing to launch a sale and is being advised by financial service company Credit Suisse (Zurich, Switzerland) on the process, these sources said. 

Italy begins $13.7 million smart grid project

Reuters

The distribution arm of Italy's biggest utility, Enel (Rome, Italy), has started installing smart grids in Italy, part of its push to develop the technology needed to handle electricity flows from decentralized, fluctuating renewable power sources. Several thousand customers will take part in the $13.7 million pilot project in the southern region of Molise, Enel said in a statement.

The need to develop smart grid technology has been spurred by a rapid growth of renewable energy which is dependent on weather conditions and alternating of day and night.

U.S. Dept of Veteran Affairs announces telehealth initiative

The U.S. Department of Veterans Affairs (VA) and American Well (Boston, Mass., U.S.A.), a telehealth software company, on Friday announced an initiative to bring telehealth services to U.S. war veterans in their homes and workplaces. The initiative will use American Well's Online Care system to provide care for veterans, particularly those remotely located from VA medical centers, says American Well.

TomTom makes fleet management app for smartphone

TomTom (Amsterdam, Netherlands) on Tuesday launched a smartphone application designed to provide customers with information about their vehicle fleet. The smartphone application, WEBFLEET Mobile, includes a detailed map which provides a view of the current traffic situation using TomTom’s real-time traffic technology, the TomTom HD Traffic. 

The technology allows customers to pinpoint the location of their fleet, obtain information on each vehicle's destination and estimated time of arrival, and gain trip data information such as mileage and timestamps, according to TomTom.

Smart grid security spending to exceed $2 billion by 2016, still major challenges

An estimated $590 million was spent on smart grid security technologies in 2010 and by 2016 that number is projected to surpass $2 billion, according to a report by ABI Research (Oyster Bay, N.Y., U.S.A.).  However, despite this, cyber security challenges are nowhere close to being resolved, and the industry will continue to face a number of serious hurdles in the coming years, says Pike Research (Boulder, Colo., U.S.A.).

Syndicate content

Featured Reports

Global Connected Consumer Devices: Key Trends, Opportunities and Market Forecasts 2015 - 2020

An evaluation of Connected Consumer Device ecosystems, market drivers, constraints, and opportunities for value chain constituents
Learn More

 

End-to-End M2M, Seventh Edition
This report includes forecast data for the period 2014 – 2019 with analysis of key drivers, success factors, and industry dynamics.
Learn More

 

The Future of Cloud WAN
The emergence of cloud computing has put new demands on the WAN. Not only do customers demand highly robust and secure WAN connections, but they must also deliver new levels of flexibility and manageability.
Learn More