SmartSynch

By 2016, global cellular M2M connections will balloon to 313 million, says a Yankee Group analyst, as more enterprises and consumers realise business benefits and improved experiences from connected devices.

Itron, Inc. has announced that it has signed an agreement to acquire privately held SmartSynch, Inc. in a transaction valued at $100 million. The acquisition will bring greater choice to utility customers across the spectrum of smart metering deployments and strengthen Itron’s integrated cellular communications offering. The parties expect the transaction to close in the