Ericsson today entered an agreement to acquire Telenor Connexion's M2M (machine-to-machine) technology platform. The acquisition follows Ericsson's ambition to drive the market for M2M communication, adding valuable technology and know-how from eleven employees that will be transferred as part of the deal.
Telenor Connexion is wholly owned by Telenor Group, one of the world's major mobile operators with 203 million mobile subscribers.
Cybit and Masternaut, both European telematics companies providing vehicle tracking, fleet and driver management solutions, Monday announced that they have combined to form a single, pan-European telematics company. The new organization, which retains the Masternaut name, will have more than 500 employees supporting a 10,000-strong customer base across 32 countries.
After years of anticipation, the machine-to-machine (M2M) era has finally arrived. A new Yankee Group forecast predicts enterprise cellular M2M connections worldwide will surge from 81.8 million in 2011 to nearly 217.5 million in 2015. In the same time frame, connectivity revenue will more than double from U.S. $3.1 billion to U.S. $6.7 billion, making the M2M market one of the highest growth areas in the wireless arena during the next decade.
Verizon today showcased some of the newest energy-efficient additions to its motor vehicle fleet at an event attended by President Barack Obama. Verizon, which has the third-largest corporate vehicle fleet in the nation, was among five companies recognized by the president for adding substantive numbers of green vehicles.
Verizon displayed three of its latest energy-efficient vehicles at the event, which featured alternative-energy trucks and cars operated by some of the nation's largest corporations.
A panel of key connected vehicle players met Wednesday during M2M Zone's exclusive conference at International CTIA Wireless in Orlando, Florida. Telematics, location-based services and the mobile web featured prominently in discussions between panelists Janet Schijns, VP Business Solutions Group at Verizon, Mike Ueland, Vice President and General Manager at Telit Wireless Solutions, and Alex Brisbourne, President of KORE Telematics. Moderator Sam Lucero, an M2M Connectivity analyst at ABI research, focused the discussion on societal and business benefits of connected vehicles, and the logistics of deployment and consumer adoption.