Gemalto (GTO) is buying module maker Cinterion Wireless Modules GmbH for $198.7 million, adding to its machine-to-machine business strategy by bringing the world's leading M2M module maker to the world's largest Subscriber Identity Module manufacturer. The acquisition moves Gemalto beyond the SIM business...
A group of M2M veterans has launched Connected Development, a project outsourcing company that provides end-to-end design and development, certification and manufacturing processes for bringing new wireless M2M devices to market.The Connected Development concept was developed by Stefan Lindvall in an attempt to simplify...
The long-term outlook for Sierra Wireless Inc.'s acquisition of machine-to-machine company Wavecom SA is positive, but the company will face some bumps in the short term, according to an Oppenheimer analyst.In a note to investors, George Iwanyc said Sierra Wireless' $277 million purchase of...
Machine-to-machine technology is gaining traction among businesses across all industries, and many view connecting machines to the Internet as a way to stay competitive, according to a recent survey conducted by Beecham Research Ltd.Of the 267 responses, 82% of businesses consider instituting M2M as...
France-based Wavecom SA has called Gemalto NV's hostile take-over offer "inadequate" and not in the best interest of the company, its shareholders and employees.Wavecom's board of directors issued its stance Thursday after meeting to discuss Gemalto's unsolicited offer that was made public Monday. Gemalto,...
Today, at least two companies have incorporated an innovation for M2M that first was aimed at the handset market: FOTA, or, firmware-over-the-air. Make that DOTA (based on OFDM standards), in Wavecom's parlance: download-over-the-air. Or, in Red Bend Software's case, FOTA will do...
LOS ANGELES--The M2M module market is growing as enterprises grasp the technology's promise of efficiency in gathering data from many points and wirelessly transmitting it to a single cellular connection for those who need it. Applications range from fleet management to telematics, from home...
ISSY-LES-MOULINEAUX, France—Shares of Wavecom SA received a boost after the industrial wireless technology provider said it acquired privately held software developer NexGen Software SA for $505,000. NexGen’s internally-developed TCP/IP suite of protocol stacks, which facilitate communication between computers, and Web software were key to...
ISSY-LES-MOULINEAUX, France-Wavecom announced plans to acquire Sony Ericsson Mobile Communications L.P.'s machine-to-machine business, which specializes in automotive and industrial wireless solutions, in a deal valued at a maximum of $39.5 million. The deal is expected to close near the end of this month. Wavecom's...
ISSY-LES-MOULINEAUX, France—Wavecom announced plans to acquire Sony Ericsson Mobile Communications L.P.’s machine-to-machine business, which specializes in automotive and industrial wireless solutions, in a deal valued at a maximum of $39.5 million. The deal is expected to close near the end of this month. Wavecom’s...
PARIS-Module maker Wavecom Inc. said it will no longer develop handsets and semiconductors as part of a sweeping restructuring of the company that will lap up about 560 jobs.The company will focus on its automotive and machine-to-machine markets and wireless products such as mobile...
PARIS-Module maker Wavecom Inc. said it will no longer develop handsets and semiconductors as part of a sweeping restructuring of the company that will lap up about 560 jobs.The company will focus on its automotive and machine-to-machine markets and wireless products such as mobile...
STOCKHOLM, Sweden-Ericsson Technology Licensing has signed an agreement with Wavecom S.A. for Bluetooth software.Under the agreement, Wavecom will embed the Ericsson Core Bluetooth Software Stack B-C3 in its WISMO platforms for the automotive and personal communication devices markets. The integrated solution will allow for...
LONDON-Wavecom SA and European carrier Orange announced a partnership to provide a joint machine-to-machine industry offering. The two companies plan to market and co-sell an end-to-end communication and development platform for wireless M2M applications.The platform comprises Orange's M2M Connect platform and Wavecom's M2M module....
Sierra Wireless introduced the AirCard 775 PC Card and the MP 775 GPS modem for EDGE networks at the CTIA show in Atlanta. Both products are slated for commercial availability in the second half of this year. The AirCard 775 offers data rates up...
ATLANTA-Wavecom SA and SensorLogic said they are working together to market complete machine-to-machine solutions for existing GSM and CDMA networks.According to the agreement, SensorLogic will integrate devices from Wavecom's hardware partners, based on the WISMO Quick Q2426 and Q2438 CDMA modules, in the SensorLogic...
ISSY-LES MOULINEAUX, France-Wavecom SA said it has launched its GSM module for wireless local loop applications.The product, the WISMO Quik 2400, feeds one of the fastest-growing vertical markets.Wireless local loop services enable cellular operators to take advantage of existing infrastructures by delivering residential services,...
ISSY-LES-MOULINEAUX, France-Wavecom SA said it plans to lay off about 300 workers as part of a restructuring effort.The company that makes modules said it will lay off the workers by the middle of this year, and its work force will drop from 860 to...
It seems the wireless machine-to-machine market is finally coming into its own.The industry now boasts a range of players including major names like Nokia Corp. and IBM Corp., it enjoys a healthy value chain, there are a growing number of case studies and success...
HONG KONG-Wavecom SA was selected by TCL Mobile Communication to supply its Compact Phones Development Lab solution for use in several of TCL's new handsets. The contract reinforces Wavecom's four-year relationship as a technology supplier to TCL. For three of its new handsets, including...
ISSY-LES-MOULINEAUX, France-Wireless technology company Wavecom SA announced it will open a research laboratory for the world's handset makers, a development studio that the company said will include all the latest handset technologies.The lab, which is essentially a computerized testing environment and not an actual...
ISSY-LES-MOULINEAUX, France-Wavecom SA and Atmel Corp. released their first jointly-developed solution, a GSM/GPRS baseband processor.The processor is the first in a planned range of silicon hardware components that will include Wavecom intellectual property and it will be included in the latest generation of Wavecom's...
ISSY-LES-MOULINEAUX, France-Wavecom SA released its first quarter 2003 results.The company reported revenues of $98 million, down from fist quarter 2002 revenues of $121.2 million. The company experienced a net loss of $4.5 million, or 30 cents per share, down from last year's earnings of...
ISSY-LES-MOULINEAUX, France-Wavecom's latest applications development tool, version 2.0 of the MUSE Platform Open AT, is now available.The tool will allow developers to embed applications directly onto Wavecom WISMO wireless module platforms reducing costs and design time. The updated tool also includes an Application Development...
