Japanese conglomerate Mitsui & Co will invest about $12 million in U.S. energy trading company Tres Amigas LLC. Tres Amigas is involved in a project to link North America’s three primary power grids - the Western Interconnection, Eastern Interconnection and Electric Reliability Council of Texas (ERCOT) - using smart grid technology.
In light of AT&T’s aborted deal to acquire T-Mobile’s North American assets, it remains to be seen how this will affect the M2M industry. T-Mobile’s M2M group in North America was led by John Horn, who recently left the company (with much of his team) for RACO Wireless, with the understanding that RACO w
Gemalto, a provider of digital security, today announced that it has acquired SensorLogic, a provider of cloud-based platforms for machine-to-machine (M2M) application development. Terms of the transaction were not disclosed.
Motor insurers seeking to get around a European ban on charging male drivers more than women are turning to black box technology that could trigger an upheaval in the way car insurance is sold.
The University of California, Los Angeles (UCLA) Engineering school has entered into a 10-year partnership with the government-supported Korea Institute of Energy Research (KIER) in South Korea to collaborate on smart grid research and the development of new technologies with the aim of creating a smart grid on an international level.
Today, many electric vehicle (EV) manufacturers are developing applications that can provide details on where the closest charging stations are within range of the current battery level of an EV.
As companies in a range of industries seek to reduce costs, increase revenue opportunities, and improve customer service, they are increasingly turning to interactive kiosks as an additional channel to enable their customers with self-service options. The number of interactive kiosks in operation will rise from approximately 1.6 million deployed in 2011 to nearly three million deployed globally by 2016, according to a recent report by ABI Research.
inthinc Technology Solutions Inc., a telematics product provider, last week announced the availability of a cell and text detection antenna which detects cell phone wave frequencies emitted from the driver seat, verbally warns the user to terminate the call or text and sends real-time alerts to a web portal or directly to a manger.
On Tuesday, the Prime Minister of the United Kingdom announced that telecare and telehealth systems will be rolled out to three million people over the next five years as part of a plan to help patients and reduce costs.
Prime Minister David Cameron launched “3 Million Lives”, a campaign that aims to enhance the lives of people living with chronic conditions, such as diabetes and heart disease, by accelerating the rollout of services across England.
Telular Corporation (Chicago, Ill., U.S.A.), a wireless M2M provider, last week announced the acquisition of SkyBitz, Inc. (Sterling, Va., U.S.A.), a provider of asset tracking equipment, for $42 million. The deal is comprised of $35 million in cash and $7 million in shares of common stock.