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M2M solutions to expand with Orbcomm acquisition of SkyWave

Orbcomm, a New Jersey-based machine-to-machine network solutions provider announced a public offering designed to raise $72 million toward the company’s planned $130 million acquisition of SkyWave Mobile Communications. Canada-based SkyWave provides M2M services using the Inmarsat global L-band satellite network; the company has some 250,000...