Cash-strapped Comverge agrees acquisition by HIG Capital for US$49m

Norcross, Georgia, USA – Comverge, Inc. (Nasdaq:COMV), a provider of Intelligent Energy Management systems for residential, commercial and industrial customers, has agreed to be acquired by Peak Merger Corp., an affiliate of H.I.G. Capital, LLC.

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Wyless appointed a CradlePoint Diamond Partner

Boston – 29th March 2012 – Wyless, a leading global M2M managed services provider, today announced that it has been appointed a CradlePoint Diamond Partner.

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NFC Forum and GlobalPlatform partner to accelerate interoperable NFC

GlobalPlatform, an organisation which standardises the management of applications on secure chip technology, has entered into a Memorandum of Understanding (MoU) with the NFC Forum, the association that advances the use of near field communication (NFC) technology.

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Digi International and Wind River collaborate on cloud-connected wireless M2M systems

Digi International (NASDAQ: DGII) and Wind River, have announced a collaboration to deliver a new family of cloud-connected wireless machine-to-machine (M2M) offerings.

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M2M Now appoints Larsson and Bufalino to its Editorial Advisory Board

M2M Now continues to strengthen its unrivalled Editorial Advisory Board, this time with the addition of two well-known M2M industry figures, Gwenn Larsson, Telenor Connexion’s Head of Marketing and Partner Management, and Alexander Bufalino, Chief Marketing Officer at Telit Wireless Solutions.

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NFC-enabled handset shipments reached 30 million units in 2011

Gothenburg, Sweden. March 26, 2012 – According to a new research report by Berg Insight, global sales of handsets featuring Near Field Communication (NFC) increased ten-fold in 2011 to 30 million units. Growing at a compound annual growth rate (CAGR) of 87.8%, shipments are forecast to reach 700 million units in 2016.

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Mobily selects Gemalto for smart grid metering and fleet tracking services in Saudi Arabia

Gemalto claims it’s the first Middle Eastern deployment using M2M dedicated solutions

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Wireless home networking and STB vendor appoints new engineering director

Istanbul, Turkey – AirTies Wireless Networks, the innovative wireless home networking and set-top box (STB) vendor, has announced the appointment of Mr Nadeem Ullah as director of Hardware Engineering.

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EL PE and IntelliSAW announce exclusive distribution agreement for India

Transense Technologies plc (“Transense”) (AIM: TRT), a provider of sensor systems for the transportation and industrial markets, has announced that its trading division, IntelliSAW, a provider of next generation wireless sensor systems for smart grid applications, has entered into an exclusive distribution agreement with EL PE Engineers (“EL PE”), headquartered in Vadodara, India.

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Digital signage entices taste buds

Already one of the world’s largest restaurant chains, SUBWAY with more than 36,000 restaurants across 99 countries, is still taking every step to stimulate customers’ appetites.

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NEC to buy Convergys' Information Management business for US$449m

Tokyo, Japan & Waltham, Massachusetts, USA. March 22, 2012 — NEC Corporation today surprised the markets by announcing a definitive agreement to acquire Convergys Corporation’s Information Management (IM) business. The deal is valued at US$449 million and covers all of Convergys IM’s business, including Smart Revenue Solutions, across industry verticals such as communications, utilities, and

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iQsim launches SIM Rack 256 to reduce customer CAPEX and OPEX

The iQsim SIM Rack 256 allows for the storage of up to 256 SIM cards in a 2U configuration. The iQsim SIM Rack 256 joins the iQsim SIM Rack 416, to offer flexibility and scalability as part of the IRON Suite call and SMS termination platform.

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Wireless comms to transform ships’ monitoring systems and boost profitability

Rennes, France — The Institute of Telecommunications of Rennes (ITR) has shown that a cost-effective wireless solution for monitoring systems on board large ships is feasible. This includes passenger ferries, despite the complications of watertight doors and dense metallic bulkheads.

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Withings Smart Blood Pressure Monitor wins iF Gold Product Design Award 2012

Paris, France — Withings’ Smart Blood Pressure Monitor has won the iF Gold Product Design Award 2012 and will in future be recognised with the iF label. This is in addition to the CES Innovations Award from the USA’s Consumer Electronics Show in January this year.

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US Air Force's $140m spy 'blimp' rooted to the ground by rising costs and technical troubles

Despite already spending more than US$140 million (EUR106 million), the US Air Force is said to be pulling out of a project to use a large spy airship in Afghanistan. The scheduled first flight of the 112m (370 foot) long Blue Devil Block 2 (pictured) dirigible is just weeks away, but technical difficulties and massive

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Ship owners to benefit from decision support system that cuts fuel costs and optimises port arrival

Helsinki, Finland – A new software tool, the Optimum Speed Assistant, is helping ship operators to analyse real-time data on sea conditions alongside historical information about a vessel’s performance to set its optimum speed. This can ensure Just-in-Time (JiT) arrival in port and may save ship operators up to 3% a year in fuel-related costs.

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