Navtrak (Salisbury, USA), which supplies GPS technology for fleet-management services, has been acquired by Software-as-a-Services (SaaS) company Telogis (Aliso Viejo, USA).
Telogis says the takeover will strengthen its position in the market for location-based services.
On Friday, Verizon Communications Inc. announced that it is acquiring Hughes Telematics, Inc (HTI) for $612 million, or $12.00 per share in cash.
Novatel Wireless, Inc., a provider of intelligent wireless networking services, on Tuesday announces that Tripple Track, a Scandinavian provider of GPS tracking and vehicle management services, has selected Novatel Wireless to provide its full portfolio of Enfora asset tags and mobile tracking devices as well as its N4A CMS service delivery platform.
According to new a research report from the analyst firm Berg Insight, the global number of mobile network connections used for wireless machine-to-machine (M2M) communication increased by 37% in 2011 to reach 108.0 million.
Gemalto, a digital security provider, announced on Monday that Mobily, a mobile operators in Saudi Arabia, has selected its Machine Identification Module (MIM) for the deployment of machine-to-machine (M2M) services. The devices will be installed for upcoming Saudi M2M projects in the power management and transportation industries such as smart grid metering and fleet tracking.
The financial terms of the deal were not disclosed.
On Tuesday at CeBIT in Hannover, Germany, the M2M Zone got a chance to speak with David Wigglesworth, vice president of data services at Iridum, on topics surrounding machine-to-machine (M2M) technology in satellite communication. One major sector of M2M that Iridium is involved in is asset tracking, and according to Wigglesworth, the largest obstacle facing asset tracking today is regulation.
On Tuesday, Digi International announced that the Iridium satellite network now supports the iDigi Device Cloud. Similar to cellular SMS, Digi devices with an Iridium data transceiver inside can now send and receive data via the iDigi Device Cloud over the Iridium network.
Service enablement services (SES), the software layer between the network and vertical applications, are set to become a key differentiator in the machine-to-machine (M2M) market and achieve a total market value of $2.2 billion worldwide by 2014, up from a modest $350 million in 2011, according to the latest study by analyst firm Beecham Research.
Last week, Delta Air Lines announced an exclusive marketing agreement with OnAsset Intelligence, a provider of machine-to-machine (M2M) wireless asset tracking solutions, enabling Delta Cargo customers to view GPS location information on its web site at deltacargo.com.
At the end of the year 1.5 million people around the globe were actively using TomTom’s LIVE Services, including TomTom HD Traffic, compared to 690,000 at the start of the year.
Currently, over 90% of TomTom’s (Amsterdam, Netherlands) automotive systems and 20% of its Portable Navigation Devices sold in Europe are equipped with LIVE Services.