Laird Technologies Inc., a supplier of customized electronics and wireless products, announced its acquisition of Summit Data Communications, a manufacturer of wireless LAN modules and cards for mobile computers, medical devices, and similar equipment. Summit posted a revenue of $17.2 million in 2011, increasing 13% from the previous year.
Locaid, a Location-as-a-Service company, and Wyless, a global M2M managed services provider, announced an agreement whereby Locaid will provide location-based services (LBS) to Wyless customers and partners across the globe.
Oracle released the results of a performance test demonstrating that Oracle Communications Converged Application Server running on Oracle Exalogic Elastic Cloud, and using the Linux operating system, can deliver services for communications service providers (CSPs) looking to provide next-generation voice, video and data services over internet protocol (IP)-based networks.
Telit Wireless Solutions, the U.S.-based mobile technology arm of Telit Communications, on Tuesday announced a global strategic partnership with Telefonica, a telecommunications network operator, to offer value-added services, customer support, module innovation and global connectivity for M2M applications.
Deutsche Telekom aims to return to rising subscriber numbers and earnings growth at its T-Mobile USA unit after a deal to sell it for $39 billion to AT&T fell through, the company's chief said on Thursday.
Qualcomm Life Inc., a wholly owned subsidiary of Qualcomm Incorporate, and Orange Business Services, on Thursday announced a collaboration in which Qualcomm Life will use Orange Business Services' M2M connectivity services in Europe to connect health care providers and patients and enable secure remote monitoring for various chronic diseases.
On Monday, Verizon Enterprise Solutions and Motorola Solutions announced the two companies will work together to help grow machine-to-machine (M2M) connections, and deliver vertical enterprise services with wireless data and voice.
This week, Chinese telecom equipment makers Huawei and ZTE both announced separate extensions to partnerships in the U.S.
Huawei (Shenzhen, P.R.C.) announced that it will grant contracts totaling $6 billion to Qualcomm, Broadcom and Avago (San Jose, Calif., USA), three California-based communications technology companies which Huawei has worked with in the past.
LightSquared Inc., the wireless company backed by hedge fund manager Philip Falcone, said on Tuesday it plans to lay off nearly half of its employees to save money.
LightSquared (Reston, Va., USA) said it will cut 45% of its 330-employee workforce and called the planned move a "prudent and necessary cost savings measure to ensure the long-term success of the company."
On Monday, LightSquared failed to pay $56 million it owed to a British satellite partner Inmarsat.
Apple Inc. has signed a deal with China Telecom to sell its iPhone in China as it looks to boost its share in one of the world's biggest mobile phone market. China Telecom plans to offer the iPhone starting next month.
While Apple (Cupertino, Calif., USA) has now signed up with two of China's big three carriers, the largest, China Mobile Ltd (Beijing, P.R.C.), with more than 600 million subscribers, doesn't yet have compatible technology.