Mergers & Acquisitions
Low ARPUs, fraud and client culture clashes are backdrop as TeleSign acquisition accelerates BICS transformation
Carriers and even carriers’ carriers need to stimulate growth and reduce their dependency on declining voice revenues. All of which comes as news to no-one, says Jeremy Cowan. But how they manage this transformation is critical and presents fascinating challenges.
Read moreIMS Evolve brings in ex-banker and E.ON exec Weber as CFO to support international expansion
Milton Keynes, UK. October 2, 2017 – IMS Evolve, specialists in Internet of Things (IoT), big data and machine management solutions, has appointed Arne Weber to the position of chief financial officer (CFO). His brief is to strengthen the company’s finance department, and support its rapid international expansion and business development.
Read moreA Week in IoT: Smart cities, elephants and manifestos
Funny how things turn out sometimes. I was scheduled to meet Silver Spring Networks‘ exec Brian McGuigan this week at Smart Summit 2017 in London so I thought I’d do my homework on what they’d been up to lately, only to discover that they’d been taken over that day by Itron.
Read moreIoT is still in early stages of development, say investors backing Wireless Innovation and Sabio
Lyceum Capital has been in the news lately. On August 16, IoT Now reported that the company was an investor in customer contact specialist Sabio, which has amassed a €35 million warchest. CEO, Andy Roberts told us exclusively what the company would spend it on. One week later, Lyceum was back in the headlines announcing
Read moreStrong tech M&A activity in second half of 2017, market report from Hampleton Partners
Hampleton Partners, an international mergers and acquisitions (M&A) and corporate advisory firm for technology companies, issued 11 technology M&A market reports for 2H 2017 in the key business segments of artificial intelligence (AI), augmented reality/virtual reality (AR/VR), automotive technology,
Read moreCogito Capital and ELS acquire the suretap wallet platform
Cogito Capital Ltd. has taken an equity position in ELS to in part facilitate the acquisition of the suretap™ wallet platform from EnStream by Empty Lot Software (“ELS”).
Read moreSierra Wireless agrees deal to buy indebted Numerex for $107m, shares drop 20% then rebound
Canada-based Sierra Wireless, Inc., a provider of integrated device-to-cloud solutions for the Internet of Things (IoT), has agreed to buy Numerex Corp. for US$107 million, reports Jeremy Cowan.
Read moreItron completes $100m acquisition of Comverge parent for grid and customer experience solutions
Itron, Inc., a technology and services company in the energy and water sectors, has completed its previously announced acquisition of privately-held Comverge by purchasing its parent company, Peak Holding Corp., for approximately US$100 million.
Read moreCisco completes acquisition of artificial intelligence company MindMeld
Cisco announced it has completed the acquisition of MindMeld Inc., a privately held artificial intelligence (AI) company based in San Francisco.
Read moreSoftware AG acquires Cumulocity for undisclosed sum to extend its IoT technology leadership
Software AG, announced the acquisition of Cumulocity GmbH, based in Dusseldorf, Germany. Cumulocity develops innovative solutions for the Internet of Things (IoT) offering connectivity for networked digital devices and sensors through a cloud-hosted IoT device management and application enablement platform.
Read moreSwiss-based u-blox acquires SIMCom cellular module product line in a deal worth US$52.5m
In an asset deal worth US$52.5 million, u-blox is acquiring the cellular modem products, R&D team and customer base of SIMCom Wireless.
Read moreAccenture completes acquisition of 47.4% of OCTO Technology and buys creative agency Karmarama
Accenture has completed the acquisition of a 47.4% shareholding in OCTO Technology, a France-based technology consultancy specialising in digital transformation and software development. The company has also acquired Karmarama, one of the UK’s largest independent creative agencies helping brands enhance their mobile user experience.
Read moreThere’s a battle in the enterprise for ownership of ‘chaotic’ IoT, says Gartner
At the recent M2M Summit 2016 in Dusseldorf, Germany, Gartner‘s Research VP, Eric F. Goodness was blunt about the challenges facing the Internet of Things (IoT). These, he said, included a battle for IoT ‘ownership’, a bottleneck of problems facing anyone trying to prove the value of their IoT initiative, and a market characterised by
Read moreEuropean tech deals inked this year are more than last five years combined, says Magister Advisors
The European technology industry has come of age in 2016, according to analysis by technology merger and acquisition (M&A) advisory firm Magister Advisors.
Read moreMachina Research acquired by Gartner for its IoT skills
Machina Research has been acquired by Gartner, a leading information technology research and advisory company. The deal takes effect from November 9, 2016.
Read moreQualcomm focuses on IoT as it agrees to buy chipset maker NXP Semiconductors for US$47bn
Qualcomm Inc. (NASDAQ: QCOM) and NXP Semiconductors N.V. (NASDAQ: NXPI) have today announced a definitive agreement, unanimously approved by the boards of directors of both companies, under which Qualcomm will acquire NXP for a share price valuing NXP at US$47 billion.
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