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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Wipro takes US$5m stake in M2M platform provider Axeda Corp as ST-Ericsson sells its GNSS business

Foxboro, MA, USA & Bangalore, India.  June 03, 2013 – Wipro Ltd., a global IT, consulting and outsourcing company, and Axeda Corporation, a cloud-based service and software provider for managing connected products and M2M applications, today announced that Wipro has made a US$5 million investment in Axeda. Meanwhile, ST-Ericsson is to sell its connectivity [GNSS]

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