u‑blox (Thalwil, Switzerland), a positioning and wireless chip and module company, announced on Monday the acquisition of Fusion Wireless (San Diego, Calif., U.S.A.), a provider of CDMA wireless modules for consumer and M2M applications in North America.
The acquisition price includes $0.9 million fully paid in cash, as well as $2.1 million in existing debt, plus earn-out.
On Tuesday, the U.S. Commerce Department's National Institute of Standards and Technology (NIST) and the European Union's (EU) Smart Grid Coordination Group (SG-CG) jointly announced their intention to work together on smart grid standards development, emphasizing common goals and areas of focus.
The Telekom Austria Group (Vienna Austria), a telecom provider, on Tuesday announced that it has set up a new subsidiary in the M2M business field. The new company, the Telekom Austria Group M2M GmbH, acts as the competence and service center of the Telekom Austria Group, focusing solely on the development and marketing of M2M services, according to the company.
Last week, Sprint (Overland Park, Kan., U.S.A.) announced that the Proliphix IMT-550 Internet Managed Thermostat is now available with Sprint wireless network connectivity. This connected thermostat allows small- to medium-sized retail business owners to reduce energy expenses and remotely monitor their storefronts, according to the company.
In a recent study conducted by research consultancy Market Strategies International (Livonia, Mich., U.S.A.), consumers rated energy smart metering and health monitoring as the two most appealing M2M solutions in the marketplace,
Healthcare technology provider American Well (Boston, Mass., U.S.A.) and Numera (Seattle, Wash., U.S.A.), a telehealth provider, last week announced a collaboration to deliver health monitoring information directly into live online encounters between physicians and patients.
Silicon Valley is home to some of the most powerful technology companies in the world. Microsoft, Google, Apple, Intel, Sony, IBM and Oracle all headquarter in and around the Silicon Valley, and many of those companies started and built their company there. With so many technology companies headquartered in the area, it makes sense that Vodafone (London, England) decided to launch a Research and Development (R&D) Center in that same location.
On Tuesday, Elster (Raleigh, N.C., U.S.A.), a manufacturer of advanced meter infrastructure, announced that its integrated universal meter and radio platform, the REXUniversal meter, is expected to be commercially available in North America in the second quarter of 2012. Elster's REXUniversal meter platform allows smart grid vendors' 900MHz radio frequency (RF) mesh communications to run natively on the identical REXUniversal meter hardware with integrated communications, economically delivering meter and network flexibility to utilities, according to Elster.
Raritan (Somerset, N.J., U.S.A.), a supplier of asset tracking technology, last week announced the availability of the intelligent Asset Management Tag and Sensor for improving data center asset management by providing accurate, real-time information on all IT assets and their locations.
Machine-to-machine (M2M) communications received a new lease of life after telecom service providers reorganized their traditional M2M solutions to enable a world of interconnected machines and objects, according to research firm Frost & Sullivan (Mountain View, Calif., U.S.A.). However, in a highly competitive market, M2M providers should look for new revenue streams for a sustainable market edge.