Korea Electric Power Corp. (Seoul), South Korea's number 1 electricity producer, has announced it plans to invest $1.8 billion (2 trillion won) over the next five years in a smart grid. The project is part of a larger government initiative to reduce carbon emission. The South Korean government has previously mentioned that state and private spending on smart grid infrastructure could reach nearly $21 billion by 2030.
Trimble (Sunnyvale, CA, USA) has introduced a new RFID reader called the ThingMagic Mercury6, the latest in the company's lineup of RFID products. The unit is a 4-port, multi-protocol reader that operates within the Mercury API.
Telit (Rome, Italy) has finalized a long awaited deal to acquire Motorola's (Schaumburg, IL, USA) machine-to-machine business unit for $23 million plus $3 million in related assets. Employees are now in the intermediate phase of the integration process, which has been in progress for some time.
According to Alexander Bufalino, VP of Global Marketing for Telit, his company is currently the number 3 M2M provider but seeking to become number 2. To do so, a successful M&A move was necessary.
An impressive new GPS transceiver is on display at the O2 (Berkshire, UK) booth this week inside the M2M Zone, Hall 7. The unit boasts two never-before-seen features that have been predicted, but never successfully implemented until this model.
SkyWave (Ottawa, Canada), an Inmarsat-based satellite solution provider, is exhibiting at CeBIT 2011 this week and showcasing their dual-mode SureLinx 8100 M2M module. The system reduces operational costs by intelligently delivering data messages using the lowest-cost message routing: cellular frequencies when in range of terrestrial networks, and satellite service in other areas.
Long-time rivals Deutsche Telekom (Bonn, Germany) and France Telecom-Orange (Paris) announced on February 11 that they will cooperate on M2M operations and service development . Both will participate in the M2M Zone Conference at CeBIT.
HP (Palo Alto, CA, USA) introduced four new telehealth partnerships on Sunday at the annual Healthcare Information and Management Systems Society (HIMSS) conference. "LifeBot," provider of a mobile telemedicine solution, "Canvys," a medical display company, "Medweb," a cloud-hosted image and data repository, and "Parental Health," a senior monitoring company.
Frustrated school officials have turned to GPS tracking in an attempt to curb truancy, as reported in a local California, USA newspaper. The six week pilot program is aimed at habitually truant seventh- and eighth-grade students with four or more unexcused absences.
Sprint (Overland Park, KS, USA) is partnering with IDEAL LIFE Inc. (Toronto, Canada) to expand IDEAL LIFE's product portfolio to include embedded wireless devices. The companies will develop, certify and co-market a version of the IDEAL LIFE hub to transmit health data over the Sprint network.
Numerex Corp (Atlanta, GA, USA), a provider of machine-to-machine products and services, today announced that it will collaborate with Cinterion (Munich, Germany), a specialist in cellular machine-to-machine communication modules to distribute and integrate Cinterion modules.
Both companies are influential in their respective fields. Numerex is the first M2M service provider in North America to be ISO 27001 certified for information security. Cinterion was acquired by Gemalto (Amsterdam, Netherlands) in June 2010.