KORE uses new ABRY funding to acquire RacoWireless and boost global M2M adoption

Atlanta, Boston & Cincinatti, USA. November 11, 2014 – KORE Wireless Group, Inc., a global provider of managed M2M communications services, today announced that ABRY Partners, a North America private equity investment firm, has acquired a majority interest in KORE. As the first step in its broader strategy, KORE also announced the acquisition of RacoWireless.

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CSR’s $2.5bn sale to Qualcomm follows Huawei’s grab for Neul, adds to list of IoT value investments

Qualcomm Inc today announced that it has reached agreement with the UK’s second largest chip designer, CSR plc on the terms of a recommended cash acquisition. As Jeremy Cowan reports, this follows last month’s sale of Neul to Huawei for US$25 million and other recent IoT investments where companies are looking for distressed assets or

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Chip designer CSR rejects takeover bid from US rival Microchip Technology as it mulls IoT options

West Malling, Kent, UK. September 1, 2014 — CSR has confirmed that it has been approached by Microchip Technology Inc. with terms for a possible offer for the company. The proposal by US-based MicrochipTech, a larger rival as well as a customer, has been rejected by the CSR Board and the company said that it

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The MVNO roll-up begins now!

(Blog) San Antonio, Texas, USA. August 26, 2014 — The Overview: Within the next week or so, there will be at least one sizable transaction in the MVNO space, with the amounts dwarfing the recent Axeda acquisition by PTC, writes Lawrence Latham. The goal of these transactions is to turn one or more of the MVNOs

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SmartThings CEO reassures backers Samsung is fully behind open platform as developer is sold ‘for $200m’

Washington DC, USA — SmartThings, the creator of the free-to-download home control app for smartphones, has been acquired by South Korea-based Samsung and will operate as an independent company within Samsung’s Open Innovation Center group. Now, as Jeremy Cowan reports, SmartThings’ CEO is responding to mixed views about the sale.

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PTC follows ThingWorx deal with US$170m acquisition of Axeda to expand its IoT technology portfolio

Needham, MASS., USA. July 23, 2014 – PTC (Nasdaq: PTC) has signed a definitive agreement to acquire privately-held Axeda Corporation, a company developing solutions to securely connect machines and sensors to the cloud. The deal is worth approximately US$170 million in cash.

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‘Small but positive step’ as Italy’s Reply SpA takes 20% stake in wearable tech provider Sensoria for US$5m

Reply S.p.A has agreed to acquire a 20% stake in the Redmond, Washington-based Sensoria Inc, a provider of wearable technology for the Internet of Things. One analyst calls it a small but positive step towards a multidisciplinary approach to wearable tech.

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The story so far … Subex and T-Mobile USA both fire broadsides

In this new column, editor-in-chief Jeremy Cowan looks at the communications news that’s fit to publish, and all the rest. There’s a strong rebuttal of rumours that Subex is to be sold, and a punchy response from T-Mobile USA’s CEO to allegations by the FTC that it has crammed bogus charges onto customers’ bills.

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Cisco acquires US webtech firm Assemblage Inc to help employees collaborate through IoT

San Jose, California, USA — Cisco Systems Inc has acquired the San Francisco-based firm, Assemblage Inc. Assemblage is working on collaboration technology that supports the Internet of Things (IoT), or as Cisco describes it the Internet of Everything (IoE). Terms of the deal have not be disclosed.

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Zebra Technologies to acquire Enterprise Business from Motorola Solutions for US$3.45bn

Lincolnshire, and Schaumburg, Illinois, USA, April 15, 2014 — Zebra Technologies Corporation and Motorola Solutions, Inc. have definitively agreed that Zebra will acquire Motorola’s Enterprise business for US$3.45 billion in an all-cash transaction. The acquisition will be funded through a combination of cash on hand and new debt. 

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Sun Capital Partners affiliate to buy advanced meter infrastructure provider Aclara Technologies

Sun Capital Partners, Inc. has announced that one of its affiliates has agreed to acquire Aclara Technologies LLC from ESCO Technologies Inc. (NYSE: ESE). Terms of the deal have not been disclosed. The north American Advanced Meter Infrastructure solutions provider will become an independent business.

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KORE acquires M2M network service provider Jazz Wireless Data and its direct links with T-Mobile

Alpharetta, Georgia, USA. March 5, 2014 — KORE, said to be the world’s largest wireless network services provider specialising in machine-to-machine (M2M) communications, today announced that it has completed its acquisition of Jazz Wireless Data, an established provider of M2M networking services in North America.

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Sierra Wireless to buy In Motion for US$21m as it looks to lead in public safety and fleet markets

Vancouver, B.C., Canada (Business Wire) — Sierra Wireless has entered into a definitive agreement to acquire Vancouver-based In Motion Technology Inc. for US$21 million in cash consideration, subject to certain customary post-closing adjustments.

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PTC acquires leading Internet of Things platform provider ThingWorx for US$112m

Needham, Massachusetts, USA (Business Wire) — PTC today announced it has acquired ThingWorx, creators of an award-winning platform for building and running applications for the Internet of Things (IoT). The deal is worth approximately US$112 million, plus a possible earn-out of up to $18 million.

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Installed base of fleet management systems forecast to reach 6.4 million in Europe by 2017

Gothenburg, Sweden: According to a new research report from the analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was 3.05 million in Q4-2012. Growing at a compound annual growth rate (CAGR) of 16.0%, this number is expected to reach 6.40 million by 2017.

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Telit acquires ILS Technology and Broadcom spends US$164m on LTE assets from Renesas subsidiaries

(London, UK. September 5, 2013) — Telit Wireless Solutions, a global provider of M2M solutions, products and services, today announced that it has acquired ILS Technology LLC. This news comes 24 hours after Renesas Electronics Corporation reported the transfer of all shares in subsidiaries Renesas Mobile Europe Oy (RME), and Renesas Mobile India Private Ltd

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