There were two high profile pieces of M&A news in the IoT hardware space in the last week. First up, on Friday 29th July, Telit and Thales announced that they were combining the assets of Telit with those of Thales’ IoT hardware business into...
Internet of things chipmaker Sierra Wireless is buying platform provider Numerex in an all-stock deal valued at almost $100 million. Sierra Wireless said the purchase will give it new customers and sales capacity.
Shares of Sierra Wireless fell more than 15% following the Thursday announcement,...
Internet of things chipmaker Sierra Wireless is buying platform provider Numerex in an all-stock deal valued at almost $100 million. Sierra Wireless said the purchase will give it new customers and sales capacity.
Shares of Sierra Wireless fell more than 15% following the Thursday announcement,...
Under the new contract the firm will provide its IoT offender monitoring and tracking solution Onmilink
U.S. firm Numerex, a provider of enterprise solutions enabling the Internet of Things (IoT), has announced the renewal of a multi-year contract with the Charlotte-Mecklenburg Police Department.
Under the terms...
Prognostics using IoT in the context of upstream oil and gas: A gusher of real-time, bottom line results. Moderator Joe Madden, principal analyst of Mobile Experts, is joined by Landon Garner, CMO of Ingenu, Wayne Stargardt, SVP of Operations at Numerex, and Dave Milam,...
CipherOptics said it completed a $21 million financing round led by Adams Capital Management. The round included new investors Blue Heron Capital Management, Intuitive Venture Partners, Next Stage Capital, Kestrel Asset Management, Origin Partners and Axiom Venture Partners. The funding will be used to...
Editor's Note: Welcome to our weekly Reader Forum section. In an attempt to broaden our interaction with our readers we have created this forum for those with something meaningful to say to the wireless industry. We want to keep this as open as possible,...
The CDMA Development Group announced the winners of its 2010 Smart Wireless Awards, which recognize innovative wireless devices and services that use CDMA2000 networks. Winners this year were AnyDATA Corp. and partner Qualcomm Inc. in the modules category, MedApps Inc. and partner KORE Telematics...
[Editor's Note: Following are the top-paid CEOs of U.S.-based companies in the wireless industry. For the last four weeks, RCR Wireless News has run the list of the top 40 highest-paid wireless executives. This week we are featuring No. 41-47. Some caveats apply:...
Mobile video optimization company Vantrix said it completed a $14 million series C investment round that was led by Tudor Ventures. Other investors in the round include Summerhill Venture Partners, JK&B Capital, BDC Venture Capital, Innovacom Venture Capital and Entrepia Ventures. The company said...
Mobile video optimization company Vantrix said it completed a $14 million series C investment round that was led by Tudor Ventures. Other investors in the round include Summerhill Venture Partners, JK&B Capital, BDC Venture Capital, Innovacom Venture Capital and Entrepia Ventures. The company said...
Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss of $852,000, or 1...
Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss of $852,000, or 1...
Airvana Inc. reported fourth-quarter revenues of $47.7 million, down from revenues of $63.3 million for the fourth quarter of 2008. Net income for the quarter was $13.1 million, or 19 cents per share, compared with net income of $24.8 million, or 36 cents per...
Aruba Networks Inc. released financial results for its second fiscal quarter that ended Jan. 31. The company reported revenues of $62.7 million, up 31% from revenues of $47.7 million during the corresponding quarter last year. Net loss for the quarter was $4.4 million,...
VeriSign Inc. said it partnered with CAQH, a nonprofit alliance of health plans and trade associations, to conduct a pilot program to demonstrate secure authentication for health IT interoperability. The six-month pilot will build on a set of operating rules created by the CAQH...
Verizon Wireless said it has chosen Spirent Communications to provide testing solutions for certification of devices that will operate on its 4G LTE network. Spirent will provide hardware, test simulators, system simulators and software for test automation, said the companies. Spirent is the...
Verizon Wireless said it has chosen Spirent Communications to provide testing solutions for certification of devices that will operate on its 4G LTE network. Spirent will provide hardware, test simulators, system simulators and software for test automation, said the companies. Spirent is the...
Numerex Corp. said it will offer machine to machine communications services on Vodafone Group's network in the United Kingdom. Today's announcement is the latest in a series of tie-ups between wireless operators and M2M technology companies as operators prepare for an expected onslaught of...
With the machine-to-machine market projected to boom in the coming years, Numerex Corp. is finding a simple way to sell its services to potential customers: The "Numerex DNA" stands for device, network and applications. The company aims to deliver all three to customers, regardless...
Numerex Corp., which specializes in machine-to-machine technology, said it has acquired Ublip Inc., a privately held M2M software and services company, for a combination of cash and stock.Numerex paid out about 400,000 shares of restricted Class A common stock and $300,000 in cash for...
The following list ranks U.S. wireless industry CEOs by total compensation for the 2007 fiscal year.
The ranking includes executives at public U.S. companies listed on the RCR Wireless News Stock Watch. Salary and total compensation figures were derived from annual proxy statements filed with...
Numerex Corp., a wireless network and machine-to-machine services provider, announced it acquired Orbit One Communications Inc. in a deal worth up to $10.5 million and more than 1.5 million shares."We are very excited about this combination and the new M2M markets we are entering....
