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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...
Axeda Welcomes Jack Sweeney as CEO
Thomas Hofstede, Multi-Tech Compliance Engineer, Appointed to Chair CTIA’s M2M Committee
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...
Wyless and Sprint Deliver M2M “One-stop Shop‟
October 5th, 2010 | Deals and Finance | Comment »“We are excited to work with Wyless and to be part of their global partner ecosystem. M2M is shattering conventional notions about what a business can deliver for its customers", said Wayne Ward, Vice President, Sprint Emerging Solutions Group. "Busin...
Marvell Acquires DS2 Technology
August 27th, 2010 | Deals and Finance | Comment »An increasing number of homes today are using multiple networks - including simultaneous wired and wireless networks - to support everything from backbone data transmission and entertainment sharing, to on-demand video and home automation. This trend ...