ORBCOMM Inc., a satellite data communications company focused on two-way Machine-to-Machine (M2M) communications, and PAR Technology Corporation, a provider of hospitality technology and services, on Wednesday announced that they have entered into an agreement under which ORBCOMM will acquire the assets of PAR's subsidiary, PAR Logistics Management Systems (PAR LMS) for $6 million.
Telit Wireless Solutions, Inc., the U.S.-based mobile technology arm of Telit Communications (Trieste, Italy), a machine-to-machine (M2M) technology company, has entered into an agreement to purchase Navman Wireless OEM Solutions, a designer and manufacturer of Global Positioning System (GPS) modules, for $3 million in cash.
Data-only MVNOs rely on mobile data services to up-sell and cross-sell core products (laptops, e-book readers) or services (telematics, ICT solutions) to add value to products or services that they already offer within their portfolio, according to a new study by InfoCom Research.
Cubic Global Tracking Solutions, the asset tracking and monitoring division of Cubic Corporation, has been awarded a contract of approximately $3.5 million from the U.S. Army to expand the use of Next Generation Wireless Communications (NGWC) services, which employs Cubic's wireless mesh network for yard management applications at three U.S. bases in Kuwait.
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.