Machine to Machine (M2M) service provider Wireless Logic (Buckinghamshire, England) has been sold to ECI Partners (London, England), a mid-market private equity firm, by owner Peter Jones CBE for $50 million.
Wireless Logic has 3,600 customers and nearly 600,000 Subscriber Identification Modules (SIMS) under management in the United Kingdom and continental Europe, according to the company.
The largest street lighting project in the United Kingdom, costing $323.8 million dollars, will replace and maintain 250,000 streetlights with the smart lighting controls to maintain energy efficiency and provide a more efficient use of energy.
The South Coast Street Lighting private finance initiative, which will take 25 years to complete, stretches across Hampshire, West Sussex and Southampton, and will utilize a smart lighting control, which is connected across the internet via a mobile network.
A recent report from market research and consulting firm Pike Research (Boulder, Colo., U.S.A.) indicates that securing financial transactions and end-to-end communications throughout the Electric Vehicle (EV) charging infrastructure will be the focus of increased utility investment in cyber security systems over the next several years. According to Pike Research, it is forecasted that the EV cyber security market will increase from just $26 million in 2011 to $144 million by 2015, with a cumulative investment of $432 million during that period.
inthinc Technology Solutions Inc. (Salt Lake City, Utah, U.S.A.), a telematics company centered on fleet management, recently introduced a technology that provides in-cab verbal mentoring that tells drivers if they are speeding, aren't wearing their seatbelt, or driving aggressively. According to inthinc, for speeding notifications a database of speed limits for every street segment across the United States in included on the dashboard.
The M2M industry has begun to announce results for the second quarter of 2011. Earnings varied according to company and industry. In the Personal Navigation Device (PND) industry, both Garmin and TomTom reported loss in revenue from the year-ago quarter, primarily due to weak PND markets in both North America and Europe. Satellite companies Iridium and Orbcomm both posted strong Q2 results due to a strong market and company acquisitions.
When you use Wi-Fi in your house you can download content at a fast speed. If you move into your backyard or down the street, your signal gets weaker until you eventually lose all connection. On Ramp Wireless Inc. (San Diego, Calif., U.S.A.), a provider of networking and location tracking equipment, developed a technology using the same frequency as Wi-Fi, but instead of using a high power at a short distance, this technology can send small bits of machine-to-machine (M2M) application data a distance of over 40 miles.
According to marketing research firm ABI Research (Oyster Bay, N.Y., U.S.A.), the launch of Nike and TomTom’s (Amsterdam, Netherlands) GPS fitness watch has given the market the shot in the arm it needed, with new devices, applications, and companies helping to drive forecasts for fitness GPS shipments beyond the 10 million mark.
Released in January, the Nike+ SportWatch GPS is able to calculate location information, distance, pace and calories burnt, according to TomTom. GPS receivers powered by TomTom work with sensors inside the shoe to deliver data throughout the run.
Telemedicine may be able to significantly help healthcare access in the rural parts of the United States, according to a report by health care company UnitedHealth Group (Minnetonka, Minn., U.S.A.).
According to the report, there are only 65 primary care physicians per 100,000 rural Americans -- 40 less than the 105 per 100,000 urban and suburban Americans.
OnAsset Intelligence (Irving, Texas, U.S.A.), a provider of machine-to-machine (M2M) wireless asset tracking, recently announced that Southwest Airlines Co. (Dallas, Texas, U.S.A.) is now accepting cargo shipments containing its tracking devices.
OnAsset’s SENTRY 400 FlightSafe device can provide location, environmental sensing and monitoring of temperature-sensitive and high value cargo, according to the company.
Last week, OnStar, a subsidiary of General Motors (Detroit, Mich., U.S.A.) that provides in-vehicle communication, announced it has launched a pilot program for Family Link, a new optional service that allows subscribers to stay connected when driving an OnStar-equipped vehicle. Pilot services include vehicle location and vehicle location alert.