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Smart-city firm Iteris sold for $335m to Italian system integrator Almaviva

US smart-city software company Iteris has sold to Italian outfit Almaviva Group for $335 million. Iteris provides infrastructure management solutions and consultancy. The deal covers 100 percent of its Nasdaq capital, priced at $7.20 per share, and is funded by a €725 million bond...

SES agrees $3.1bn deal to buy Intelsat, targets ‘high-growth’ satellite comms

Luxembourg-headquartered satellite telecoms provider SES has agreed a $3.1 billion (€2.8 billion) deal to buy US-based Intelsat. SES said the combination will create a “stronger multi-orbit operator with greater coverage, improved resiliency, expanded solutions, enhanced resources”. It will provide “a compelling alternative in...

Orange Spain, NTT Data develop 5G app for intelligent mobility

This solution has been developed by Orange and NTT DATA using the telco’s 5G SA network Spanish state-owned railway infrastructure manager ADIF is using local carrier Orange's 5G SA network, together with Artificial Intelligence (AI) to improve the experience of travelers, facilitating intelligent mobility in...

Hyundai Motor, KT boost partnership on future mobility tech

Hyundai Motor and KT plan to form and operate a committee to promote future new projects and advanced research Korean car maker Hyundai Motor Group said it will expand its strategic partnership with compatriot telecom operator KT Corporation (KT) to further collaborate in the future...

Ferrovial, Intel, Liberty Mutual, Toyota join MIT on ‘front line’ of mobility revolution

An automotive-technology-engineering collective has joined a new mobility initiative organised by Massachusetts Institute of Technology (MIT) on the ‘front lines of the mobility revolution’. Their task is to shape a “mobility system”, a press statement goes, that is “sustainable, safe, clean, and accessible”. The...

A1 Telekom boosts global mobility bundle with deal for Austria smart-city startup

Austria-based A1 Telekom has acquired a majority share in local smart-city analytics startup Invenium, in which the mobile operator has held a stake since 2017. The unit, originally a spin-off from Technical University Graz and the Graz-based Know-Center, a European research center for data...

Toyota appoints AWS to underpin global mobility platform

Amazon Web Services (AWS) has expanded its working relationship with Toyota Motor Corporation to build a cloud platform for the Japan-based firm to process and analyse data from its vehicles. Toyota will use the platform to drive safety and security functions inside connected and...

umlaut analyzes network behavior changes as COVID-19 spreads

There are significant decreases in mobility happening across Europe as COVID-19 spreads through the region, according to new data analysis from network benchmarking company umlaut. umlaut, formerly P3, gathers its crowd-sourced data from devices that have apps which include its anonymized data collection working in...

BMW and Nissan back $100m mobility fund; US and China ‘own’ innovation in AI

Carmakers BMW, Hyundai, Nissan, Mitsubishi and Renault have joined with the likes of Deutsche Bahn, LG Electronics and Shell to pump $100 million into a new early-stage fund for innovation in the mobility sector. Israel-based venture capital fund Maniv Mobility has secured $100 million with...

UK sets principles for future mobility, releases £90m for future mobility zones

The UK government has set out a new working strategy to define its objectives and methodologies for future urban mobility. In tandem, it has launched a £90 million competition for four UK cities or regions to establish dedicated mobility zones to trial new mobility...

SoftBank Innovation Fund looks to bolster mobility, tech in Latin America

$5 billion investment will be allocated over four- to five-year timeframe, SoftBank COO says In 2016, SoftBank's legendary Founder and CEO Masayoshi Son announced the Japanese conglomerate would make a staggering $100 billion in tech-related investments through its Vision Fund. Since then, the company has...

Softbank, Toyota ink deal to create mobility services JV

  The JV, dubbed MONET, aims to create a mobility-as-a-service business unit in 2020   Japanese firms Toyota and SoftBank have agreed to form a strategic partnership to facilitate the creation of new mobility services, and plan to establish a joint venture company, MONET Technologies Corporation, before...

Ford, Uber and Lyft pool traffic data in open mobility platform for smart city planners

Ford, Uber and Lyft have agreed to pool their road traffic data in an open platform available to public and private sector companies to improve mobility in and around cities. The data platform, called SharedStreets, is designed to make it easier for the private sector to...

Cisco promises $100m for UK tech sector; partners with UCL for AI talent factory

Cisco is to invest $100 million in the UK to help the UK government with its ‘industrial strategy’ to become a leading economy for emerging digital technologies, including artificial intelligence (AI) and autonomous vehicles. As part of the investment, Cisco and University College London (UCL)...

Volvo to launch mobility brand M in Sweden and US, backed by machine learning engine

Car maker Volvo is to launch a new mobility brand, M, starting in Sweden and the US in the spring of 2019. The new enterprise will offer personalised mobility services, including on-demand access to hire cars, based on a proprietary machine learning platform. Volvo described...

Toyota buys stake in Japanese AI specialist to boost autonomous driving capabilities

Japan-based Toyota has taken a stake in data analytics firm ALBERT, also from Japan, to bring new artificial intelligence (AI) and machine learning technologies in house, and develop its own autonomous driving capabilities. Toyota said the pair have struck a “business alliance” that will see...

BMW, Ford, GM establish blockchain alliance to secure and monetise mobility data

A consortium of car makers and tech companies including BMW, Bosch, Ford, General Motors, Renault and IBM have joined together to explore how blockchain could enable businesses and consumers to better control and monetise their mobility assets, including their data. The new group, called the...

5G: Fixed sites + mobiles sites = ultra-dense, converged networks

Multi-layer convergence and new approach to network architecture in support of 5G 5G is all about more--more capacity provided in a more efficient manner that creates more value for consumers and more attractive business cases for communications service providers. Next-generation connectivity will be realized through...

To improve road safety, Nevada is eyeing a statewide V2V network

U.S. V2V network firm Nexar signed a collaboration agreement with the Nevada Center for Advanced Mobility The Nevada Center for Advanced Mobility (Nevada CAM) and Nexar, a technology company providing vehicle-to-vehicle network technologies for preventing road collisions and enabling autonomous mobility, have announced a strategic...

Toyota Connected aims to expand data science hub in Texas

Toyota announced plans to hire additional people and expand office space at its Plano headquarters Toyota Connected is planning to double its headcount and expand its office space in Plano, Texas, in an area adjacent to Toyota Motor North America’s new headquarters. Toyota Connected is the...

Empowering Mobility One Customer at a Time

From opening an app to closing a deal, almost everything we do during a day is made simpler by reliable wireless service. What isn’t simple is deciding how to deliver reliable service to employees or customers, day in and day out. Many enterprises and venues...

Reader Forum: Building smart cities begins with transportation infrastructure

Editor’s Note: In an attempt to broaden our interaction with our readers we have created this Reader Forum for those with something meaningful to say to the wireless industry. We want to keep this as open as possible, but we maintain some editorial control...

EMEA: Mercedes mobility – maybe without a Mercedes?

At the simplest level, "Internet of Things," connected car, M2M and telematics have all been buzzwords synonymous with the integration of telecommunications and automotive. Now "mobility" is entering the mix. Many years ago – let’s not mention how many – mobility was a term...

Report: Mobile, security, big data to drive 2015 hiring trends

The annual look at technology hiring trends by research firm Robert Half Technology concludes that mobile, big data and network security are driving businesses trends now, and will shape 2015 hiring trends in the tech fields. "The supply of highly skilled technology professionals is expected...