Telit still in acquisition mode as it buys GPS module maker, Navman Wireless OEM for US$3m in cash

December 22, 2011 – Telit Communications Plc, a global provider of machine-to-machine (M2M) wireless technology, yesterday entered into a binding agreement to purchase Navman Wireless OEM Solutions, LP, a designer and manufacturer of Global Positioning System (GPS) modules and solutions, for US$3 million in cash.

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Blog: Three-way Synergy

Cloud-based computing, the Mobile Enterprise and M2M communications are arguably the three most powerful trends in the telecommunications and IT industries.

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India chasing China for M2M dominance

India could catch China up as the largest market for M2M products and services in south-east Asia, according to Kyung Jun Lee, Telit’s marketing director for the Asia-Pacific region.

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Blog: Quality – The Really Big Picture

Telit has set itself an ambitious quality program — one that goes much further than reliable performance over long lifetimes, which can be 5, 10, 15 or even more years.

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M2M Moving Forward

M2M has been a success story and it came through the recession in good shape, but success has been achieved in vertical market sectors and proprietary platforms. That is yesterday’s stovepipe model:

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Telit and Intoxalock® join hands to keep drunk drivers off the road with wireless breath alcohol device

Telit has announced that its CC864-DUAL cellular M2M module will provide the connectivity for real-time monitoring of at-risk motorists.

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Telit Communications acquires GlobalConect for US$2.9 million

Telit Communications revealed this morning that it has bought GlobalConect for US$2.9 million. GlobalConect provides the wireless connection

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New telit2market out now: Telit customer magazine provides 360° view on m2m universe

The new telit2market magazine, the international M2M magazine from Telit Wireless Solutions, is now available

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Yosi Fait joins Telit’s board as finance director

Telit Commmunications has appointed Yosi Fait as finance director with overall responsibility for the M2M company’s finance strategy and business development.

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Telit claims smallest 2G module with integrated A-GPS receiver

Telit Wireless Solutions has introduced the GE864-GPS quad band GSM/GPRS M2M module with embedded GPS receiver in a compact BGA form factor.

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Telit moves into the black

Machine-to-machine communications company Telit has posted preliminary net profits of US$8.4m for the year ending 31 December 2010 against a loss for the previous year of $4.2m.

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Telit makes world’s smallest claim for HSPA+ module

Telit Wireless has introduced the HE910, which it claims is the world’s smallest module featuring five-band HSPA+. The module can thus be used in any 3G network worldwide without the need for regional variants.

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M2M module ready for 2G non-availability

To future-proof data transmission devices against non-availability of the 2G network, Telit is launching the HE863 fully equipped HSPA M2M module with embedded GPS receiver and 22 GPIOs (general purpose IO) in a ball grid array (BGA) form factor.

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