merger and acquisition
Scenera to acquire Seoul-Based TnM AI in an undisclosed deal
Scenera has announced that it has entered into an agreement to acquire TnM AI Co. Ltd., a Seoul-based Artificial Intelligence of Things (AIoT) company, for an undisclosed amount. Stemming from the long-time collaboration between the two companies, this transaction furthers their relationship and consolidates their resources to continue creating products and formulas changing the industry.
Read moreNew IoT landscape emerging as KORE buys Wyless to optimise ‘scale, technology and global reach’
KORE has agreed to buy Wyless for an undisclosed sum, “making close to a quarter of a billion dollar player” in the Internet of Things (IoT). So says KORE’s CEO, Alex Brisbourne, talking to IoT Now today prior to the announcement.
Read moreDangers lie ahead as M&As surge with Oberthur, Intel, HP fighting for a technology edge
London, UK. June 16, 2015: Last year saw global TME (telecoms, media & entertainment) mergers & acquisitions (M&A) reach US$34.5 billion*, and this trend is predicted to increase in 2015. Among others, Oberthur is buying OTA clients and expertise, Intel sees IoT potential in Altera, while HP is acquiring ConteXtream to accelerate NFV adoption. But
Read moreAcquisition of Broadcom by Avago for $37bn ‘will create new semiconductor powerhouse’
Merger activity in the semiconductor industry has reached a new level with the announcement of the agreement for Avago Technologies to acquire Broadcom, says IHS. The deal, which is valued at US$37 billion in cash and stock, will create a new company valued at $77 billion.
Read moreFeeney Wireless acquired by Novatel Wireless for US$25m to broaden IoT portfolio and boost revenues
San Diego, CA & Eugene, Ore., March 30, 2015 — Novatel Wireless, Inc., (Nasdaq:MIFI), a provider of wireless solutions for the IoT, and privately held Feeney Wireless, a US-based provider of end-to-end IoT solutions and services, have announced that Novatel Wireless has acquired FW for US$25 million in a combination of cash and stock.
Read moreKORE uses new ABRY funding to acquire RacoWireless and boost global M2M adoption
Atlanta, Boston & Cincinatti, USA. November 11, 2014 – KORE Wireless Group, Inc., a global provider of managed M2M communications services, today announced that ABRY Partners, a North America private equity investment firm, has acquired a majority interest in KORE. As the first step in its broader strategy, KORE also announced the acquisition of RacoWireless.
Read moreCSR’s $2.5bn sale to Qualcomm follows Huawei’s grab for Neul, adds to list of IoT value investments
Qualcomm Inc today announced that it has reached agreement with the UK’s second largest chip designer, CSR plc on the terms of a recommended cash acquisition. As Jeremy Cowan reports, this follows last month’s sale of Neul to Huawei for US$25 million and other recent IoT investments where companies are looking for distressed assets or
Read moreChip designer CSR rejects takeover bid from US rival Microchip Technology as it mulls IoT options
West Malling, Kent, UK. September 1, 2014 — CSR has confirmed that it has been approached by Microchip Technology Inc. with terms for a possible offer for the company. The proposal by US-based MicrochipTech, a larger rival as well as a customer, has been rejected by the CSR Board and the company said that it
Read moreTelit acquires ILS Technology and Broadcom spends US$164m on LTE assets from Renesas subsidiaries
(London, UK. September 5, 2013) — Telit Wireless Solutions, a global provider of M2M solutions, products and services, today announced that it has acquired ILS Technology LLC. This news comes 24 hours after Renesas Electronics Corporation reported the transfer of all shares in subsidiaries Renesas Mobile Europe Oy (RME), and Renesas Mobile India Private Ltd
Read moreARM buys Sensinode Oy to accelerate IoT growth and 'support 30bn connected devices by 2020'
(Cambridge, UK. August 27, 2013) – The surge of M&A activity in the M2M sectors continues as ARM has today announced that it has acquired Sensinode Oy, a provider of software technology for the Internet of Things (IoT). ARM will continue to offer Sensinode’s NanoStack and NanoService products to existing and new customers.
Read moreSoftware AG buys JackBe and launches real-time analytics platform for intelligent operations
(Reston, Virginia, USA. August 22, 2013) – Software AG has announced the acquisition of JackBe Corporation for an undisclosed price, and launched a new webMethods Intelligent Business Operations Platform (IBO). JackBe is a privately-owned provider of real-time visual analytics and intelligence software.
Read moreM2M market approaches maturity amid a flurry of mergers and acquisitions
(BLOG) June 12, 2013 — I’ve talked for some time about the need for maturity and simplification in the M2M market (Comment, M2M Now magazine June-July 2012) and at last there are signs that this is coming. Hacks like me look for headlines, but there are better signs, says M2M Now’s editor, Jeremy Cowan.
Read moreM2M mergers & acquisitions continue as UK-based M-Netics buys RFID and tracking firm Unique-ID
Chippenham, UK — Mobile technology solutions provider, M-Netics has acquired Unique-ID, a specialist supplier of mobile solutions, auto-ID equipment, RFID and tracking products to the UK logistics market. Financial terms of the transaction are not being disclosed.
Read moreCisco to pay US$107m for JouleX's IoT-based network energy management systems and skills
San Jose, California, USA – Cisco has announced its intention to acquire privately-held JouleX, a leader in enterprise IT energy management for network-attached and data centre assets. JouleX, with headquarters in Atlanta, GA, is said to complement Cisco’s existing services and Internet of Things (IoT) capabilities by using the network’s view and control of energy
Read moreESCO Technologies acquires Texas-based smart grid solutions provider, Metrum
St. Louis, Missouri, USA. (PRNewswire) — ESCO Technologies Inc. (ESE) reports that it has acquired the assets of Metrum Technologies LLC, a smart grid solutions provider based in Waco, Texas.
Read moreOracle buys Cloud-based analytics firm DataRaker to help utilities learn from Big Data
Redwood Shores, California, USA – Oracle has agreed to acquire DataRaker, a provider of a cloud-based analytics platform that enables electric, gas and water utilities to leverage vast amounts of data
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