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News: Deals and Finance

Telit Communications Acquires Global Connect Ltd

July 11th, 2011 | Deals and Finance | Comment »

Oozi Cats, Chief Executive of Telit commented: “Adding wireless connectivity to our offering is an important factor for Telit's continued growth and success. Our customers expect superior m2m solutions from one source and with the acquisition of Globa...

Novatel Wireless Selected By Consert Inc. as Module Partner for Smart Energy Grid Solution

July 11th, 2011 | Deals and Finance | Comment »

Consert is currently integrating Novatel Wireless' Expedite® E396 PCI Express Mini Card which is an embedded module for 3G mobile data applications. Built on the proven performance of the Expedite product line, Novatel Wireless' Expedite E396 embedded ...

Numerex Builds UK Presence Via Arkessa to Tap European M2M Market Growth

May 16th, 2011 | Deals and Finance | Comment »

Arkessa provides European systems integrators and corporate users with cellular-based wireless internet connectivity and data services, enabling the connection, control and management of remote systems and equipment for a multitude of users across borde...

Sierra Wireless Reports First Quarter 2011 Results

May 4th, 2011 | Deals and Finance | Comment »

Revenue for the first quarter of 2011 was $144.3 million, a decrease of 5% compared to $151.3 million in the first quarter of 2010. Mobile Computing revenue was $71.6 million, up 14% compared to $62.6 million in the first quarter of 2010. Machine-to-Mac...

Numerex Reports First Quarter 2011 Financial Results

April 28th, 2011 | Deals and Finance | Comment »

"Numerex is poised to benefit from the commercialization of key projects, recently forged alliances with M2M industry leaders, and new product launches," stated Stratton Nicolaides, chairperson and CEO of Numerex. "We continue to invest in our Business ...

Numerex Announces $10 Million Credit Facility and $30 Million Shelf Registration

April 27th, 2011 | Deals and Finance | Comment »

"We are very pleased with Silicon Valley Bank's support and the confidence they have exhibited in the Company and in our M2M business model," stated Alan Catherall, CFO of Numerex. "With this expanded credit facility and the shelf filing, we have better...

Numerex and Tekelec Team Up to Deliver Intelligent Machine-to-Machine Solutions to Global Service Providers

March 23rd, 2011 | Deals and Finance | Comment »

"Numerex and Tekelec's combined M2M solutions provide service providers with the network intelligence, device management, and service and application expertise they need as billions of machines connect to the network and provide new growth opportunities...

NETGEAR chooses Sierra Wireless AirPrime™ 4G embedded wireless modules for mobile broadband routers

March 22nd, 2011 | Deals and Finance | Comment »

Using Sierra Wireless AirPrime modules for cellular connectivity, the NETGEAR mobile routers can support connection speeds comparable to, or better than, today’s wired broadband networks, offering LTE speeds up to 100 Mbps downstream and 50 Mbps upstr...

iGPS Selects Numerex’s WorldPass(TM) Network Service and Enfora’s Smart Devices and N4A(TM) Intelligent Technology Platform to Power the World’s First Real-time Pallet Tracking Service

March 22nd, 2011 | Deals and Finance | Comment »

"The Numerex WorldPass global network service provides seamless connectivity and support for our pallet tracking solution worldwide," said Jack Sparn, Chief Information Officer of iGPS. "Numerex and Enfora collaborated with our development teams to brin...

Novatel Wireless and Numerex Sign Agreement to Collaborate on Solutions Incorporating Enfora Smart Devices

March 21st, 2011 | Deals and Finance | Comment »

"Novatel Wireless offers a wide range of industry-leading smart devices, based on a distributed and customizable architecture providing a link between an enterprise and its remote assets, which efficiently complement Numerex's M2M platforms," said Mark ...