RESTON, Va.—Wireless Matrix Corp. stepped into the breach to purchase the intellectual property and customer contracts of bankrupt MobileAria for about $11 million, a day after @Road Inc. announced it would terminate its week-old agreement to make the same purchase.
MobileAria, substantially owned by Delphi Automotive Systems L.L.C., had developed in-vehicle wireless broadband access devices. Wireless Matrix provides wireless data solutions for mobile and remote asset operations, particularly service fleet operations.
