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News: Governance

Telit Communications – Appointment of Finance Director

June 23rd, 2011 | People | Comment »

  Yosi Fait is a qualified Certified Public Accountant and has held a number of executive positions with private and public companies, he began his career as an accountant with Ernst & Young in Israel.  In the past five years his directorships ha...

Macheen Inc. Announces New Marketing VP and Advisory Board

May 31st, 2011 | People | Comment »

Kent Libbey brings over 20 years of marketing leadership in telecommunications, media, software and cloud-based applications.  Most recently, he was co-founder and CEO of Sharegrove, an innovative real-time communications service, acquired by Facebook ...

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...

RACO Wireless Hires John Horn as President

May 16th, 2011 | People, Recruitment | Comment »

“John Horn is an outspoken evangelist and visionary for the M2M industry and brings a decade of experience to RACO Wireless,” said Rob Adams, CEO of RACO Wireless. “With his experience and our expertise and technology platform, we will continue to e...

Telenor Connexion Expands Executive Team to Match Emerging M2M Service Growth in the Americas

May 16th, 2011 | People | Comment »

The expansion further strengthens the company's position in the M2M, telematics and wireless markets, as well as supports strong growth in vertical markets such as healthcare, automotive and insurance and asset management. Through the company’s unique...

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...