acquisition

While wearable technology has been utilised in vertical sectors such as the military and healthcare industries for many years, ongoing advances have triggered a major resurgence of the concept,

Telco and tech firms spent more than US$31 billion on IoT-related investments and acquisitions between 2011 and 2015, according to new research from Ovum.

Vindicia, the provider in enterprise-class subscription billing, and Xstream, a provider of over-the-top (OTT) solutions, have announced a partnership that will deliver an OTT solution to organisations looking to build, maintain, and monetise audiences.

Telit Communications PLC, a global enabler of the Internet of Things (IoT), has agreed to acquire several cellular module product lines, related IP and related assets from Novatel Wireless, Inc.

The big news before Mobile World Congress was the announcement of Cisco’s agreed offer of US$1.4 billion to purchase, Jasper, the California-based IoT services platform provider.

Taiwanese industrial computing manufacturer, Advantech announced the completion of its acquisition of privately-held industrial intelligent networking specialist B+B SmartWorx for the US$99.85 million agreement announced on November 16.

SpeedCast International Limited has signed a definitive agreement for the acquisition of NewCom International.

Vancouver, British Columbia & Sophia Antipolis, France — Canada’s Sierra Wireless and MobiquiThings, a European mobile virtual network operator (MVNO), have announced that Sierra Wireless has definitively agreed to acquire MobiquiThings for €14 million in cash.

Amsterdam, Netherlands. January 8, 2015 – Digital security specialists, Gemalto, today announced the final closing of the acquisition of SafeNet, a worldwide provider of data and software protection. The deal, worth US$890 million, follows approval by the relevant regulatory and antitrust authorities.

Redwood City, CA, USA – Silver Spring Networks, Inc. has agreed to acquire privately held Detectent, Inc., a provider of utility data analytics solutions for approximately US$12 million in cash.

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.

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. 

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.

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.

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.

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.