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News: Deals and Finance

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 ...

Gemalto and STMicroelectronics Partner to Jointly Develop Expanded Range of Secure Solutions for NFC Applications

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

  The development of a state-of-the-art embedded secure element incorporates the industry‘s leading public key cryptography, matching the latest GP 2.2, JavaCard 3.0.1 specifications as well as Common Criteria EAL4+ and EMVCo certifications. Availab...

ORBCOMM REPORTS RESULTS FOR FULL YEAR AND FOURTH QUARTER 2010

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

For the quarter ended December 31, 2010, Total Revenues were $7.5 million, an increase of 6.7% over the fourth quarter of 2009 driven by slight increases in Service Revenues and growth in Product Sales. Costs and Expenses for the full year 2010 of $38....

Numerex Expands Its Line of Products and Services to Serve the Global Logistics Market

March 15th, 2011 | Deals and Finance | Comment »

U.S. Secretary of Commerce Gary Locke in his remarks at the Supply Chain Infrastructure Competitiveness Conference in May 2009 in Washington, D.C. defined the challenges of the new supply chain environment, which Numerex services help meet: "We need to ...

SIM Technology Profit Up by 81%

March 3rd, 2011 | Deals and Finance | Comment »

The significant increase in revenue was mainly due to continuing success in delivering ODM services to top tier handset customers and penetration into the 3G product segment, while the “high value added” strategy drove profit growth.For the year und...

Numerex Settles Acquisition Dispute

January 10th, 2011 | Deals and Finance | Comment »

ATLANTA, 10 Jan. 2011- Numerex Corp, a leading single source provider of secure machine-to-machine (M2M) products and services, announced today that it has come to terms with the owners of Orbit One Communications, Inc. and affiliates, settling the disput...

Anixter International Inc. Announces the Acquisition of Clark Security Products, Inc. and the Assets and Operations of General Lock, LLC

December 20th, 2010 | Deals and Finance | Comment »

Anixter will pay consideration of approximately $36.6 million in cash for all the assets and operations of Clark. The final purchase price will be determined when the net asset balance of Clark is confirmed. Annual sales for Clark are expected to be app...

Elecsys Corporation Reports Second Quarter Financial Results

December 13th, 2010 | Deals and Finance | Comment »

Sales for the quarter were $5,479,000, an increase of 37%, or $1,478,000, from $4,001,000 in the second quarter of fiscal 2010.  Total sales year-to-date increased 40%, or $3,041,000, to $10,661,000.  The increases were the result of both growth in bo...

Novatel Wireless Completes Enfora Acquisition

December 1st, 2010 | Deals and Finance | Comment »

SAN DIEGO, Dec. 1, 2010  Novatel Wireless, Inc. a leading provider of wireless broadband solutions, has completed the previously-announced acquisition of Enfora, Inc., a privately-held, Texas-based provider of intelligent asset-management solutions utili...

Novatel Wireless to Acquire Enfora

November 8th, 2010 | Deals and Finance | Comment »

Enfora sells to a diverse base of customers, which includes enterprises, applications service providers, OEMs and distributors.  Enfora's product portfolio consists of smart M2M solutions ­ embedded platforms, integrated platforms, and embedded softw...