iGen Networks has agreed a takeover of asset-tracking player Nimbo it says is aimed at extending its leadership position in M2M markets.
The cloud-computing company plans to issue 2.5 million shares of its common stock to secure full ownership of Nimbo (Murrieta, CA, USA), and is aiming to close the deal by the end of this month.
Nimbo offers what it calls consumer-safety solutions for the automotive and power sport industries and claims to have more than 10,000 asset activations to date.
Satellite player Orbcomm and analytics specialist Savi have won a five-year US Department of Defense contract as the sole providers to the $204 million RFID-IV program.
Under the deal, the two companies will provide satellite and RFID tags as well as other sensor technologies using Orbcomm’s (Rochelle Park, NJ, USA) global communications network.
The technologies will allow government customers to monitor the location of their cargo and send real-time alerts if there is a security breach or other anomaly.
Satellite company SkyWave Mobile Communications has launched a new dual satellite-cellular HSPA device to support M2M services.
The company says the device’s functionality will allow customers to access the most cost-effective communications network without sacrificing coverage or connectivity to essential data.
The IDP 700 series terminals are designed to provide a “quick and smart way” to connect people and assets anywhere in the world, says SkyWave (Ottawa, Canada).
Systems integrator Logic PD and M2M specialist SeeControl have formed a partnership aimed at speeding up the development of Internet of Things (IoT) services.
Through the tie-up, SeeControl (Redwood City, CA, USA) will provide an IoT platform and associated integration methodology to support Logic PD’s (Minneapolis, MN, USA) Adrenaline series – a service designed to let customers test M2M concepts they intend to bring to market.
Software player Amdocs has become the latest member of the International M2M Council (IMC) – a trade group that defines its mission as proving there is a compelling business case for investing in M2M technologies.
The membership deal will see Yuval Mayron, the general manager for Amdocs (Chesterfield, MO, USA) Product Group, join the IMC’s board of governors.
US telecoms giant AT&T continues to set the pace in the connected-cars industry, having just announced a deal with Volvo to provide wireless connectivity services in vehicles sold in the US and Canadian markets.
The multi-year agreement will see AT&T (Dallas, TX, USA) equip Volvo’s (Gothenburg, Sweden) US 2015 model year with its Sensus Connect embedded infotainment service, while Volvo customers in the US and Canada will also have access to Volvo On Call – which allows car functions to be accessed remotely and also notifies emergency services in the event of a crash.
VimpelCom has agreed the $2.64 billion sale of a 51% stake in its Algerian phone business to the country’s government, bringing to an end a protracted dispute between the two parties.
The deal to sell a majority stake in Djezzy (Algiers, Algeria) to the Algerian government will also allow VimpelCom (Moscow, Russia) to slash debt while retaining a substantial stake in the emerging-markets player.
UK-headquartered Vodafone is reported to be in discussions with movie-streaming player Netflix about a tie-up that would allow the operator’s customers to watch films and TV shows on smartphones as part of their monthly tariff.
According to Bloomberg, the arrangement would allow customers to stream content without paying a separate fee to Netflix (Scotts Valley, CA, USA) for a set period of time.
Square Inc has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash, the Wall Street Journal reported, citing people familiar with the matter.
The company spoke to Google Inc (Mountain View, CA, USA) earlier this year about a possible sale, the Journal reported, adding that it wasn't clear whether the talks are continuing.
The top U.S. telecommunications regulator on Thursday reasserted his commitment to helping smaller national wireless carriers get access to valuable lower-frequency airwaves in the upcoming spectrum auction.
Federal Communications Commission Chairman Tom Wheeler, in a letter to Representative John Barrow, reaffirmed his plans to restrict how much spectrum the biggest U.S. carriers, Verizon Communications Inc (New York City, NY, USA) and AT&T Inc (Dallas, TX, USA), could buy in the auction scheduled for mid-2015.