KORE has agreed to buy Wyless for an undisclosed sum, “making close to a quarter of a billion dollar player” in the Internet of Things (IoT). So says KORE’s CEO, Alex Brisbourne, talking to IoT Now today prior to the announcement.
London, UK. June 16, 2015: Last year saw global TME (telecoms, media & entertainment) mergers & acquisitions (M&A) reach US$34.5 billion*, and this trend is predicted to increase in 2015. Among others, Oberthur is buying OTA clients and expertise, Intel sees IoT potential in Altera, while HP is acquiring ConteXtream to accelerate NFV adoption. But experts are urging firms to [...]
Merger activity in the semiconductor industry has reached a new level with the announcement of the agreement for Avago Technologies to acquire Broadcom, says IHS. The deal, which is valued at US$37 billion in cash and stock, will create a new company valued at $77 billion.
San Diego, CA & Eugene, Ore., March 30, 2015 — Novatel Wireless, Inc., (Nasdaq:MIFI), a provider of wireless solutions for the IoT, and privately held Feeney Wireless, a US-based provider of end-to-end IoT solutions and services, have announced that Novatel Wireless has acquired FW for US$25 million in a combination of cash and stock.
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.
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 rising value before the Internet of Things reaches [...]
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 is “considering its options”.
(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 (RMI) to Broadcom Corporation.
(Cambridge, UK. August 27, 2013) – The surge of M&A activity in the M2M sectors continues as ARM has today announced that it has acquired Sensinode Oy, a provider of software technology for the Internet of Things (IoT). ARM will continue to offer Sensinode’s NanoStack and NanoService products to existing and new customers.
(Reston, Virginia, USA. August 22, 2013) – Software AG has announced the acquisition of JackBe Corporation for an undisclosed price, and launched a new webMethods Intelligent Business Operations Platform (IBO). JackBe is a privately-owned provider of real-time visual analytics and intelligence software.
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