M2M and digital security specialist Gemalto has flagged a double-digit revenue increase for the three months ending September, citing improving demand for its range of M2M products and services in both the Americas and Europe.
The company announced a 10% increase in sales, to €596 million ($820 million), compared with the third quarter of 2012, with revenues up across all of its main divisions.
With the US wireless association CTIA changing venues and the timing of its shows, there was some trepidation about turnout for last week’s MobileCon event in San Jose, CA (USA), but returns beat expectations. Almost 1,000 people attended opening day keynote addresses, and an informal poll of over 80 exhibitors showed that they were satisfied with turnout at the SJ Convention Center. The M2M Zone of the expo was heavily trafficked, and some of the news items released at the show included:
M2M module maker Novatel Wireless has announced a major new contract with telematics player DigiCore under which its devices will be used to support vehicle usage and driver-behavior monitoring applications.
The deal will see DigiCore (Centurion, South Africa) include Novatel’s (San Diego, CA, USA) platform in its range of Ctrack-branded telematics services, initially to support insurance-based offerings.
M2M player Sierra Wireless has announced a $5.9 million takeover of AnyDATA’s embedded modules business as it looks to strengthen its grip on the cellular market and boost its position in South Korea.
The assets are to be integrated with the Sierra Wireless (Richmond, Canada) OEM Solutions product portfolio, with 16 sales and engineering staff from AnyDATA’s (Irvine, CA, USA) South Korean subsidiary transferring to Seoul premises recently opened by Sierra Wireless.
The companies expect the deal to close sometime this month.
Hardware company Telit has unveiled a device it describes as the market’s smallest cellular M2M module.
The so-called GE866-QUAD works in a variety of GSM spectrum bands and is targeted specifically at the “wearable” technology segment, which includes products such as Google Glass, the internet giant’s high-profile augmented-reality spectacles.
Japan’s NEC and Hong Kong’s Maestro Wireless have formed a strategic partnership aimed at exploiting global M2M business opportunities.
Under the agreement, NEC (Tokyo, Japan) will integrate its CONNEXIVE service platform with hardware developed by Maestro (Hong Kong) to provide an improved M2M offering to mobile operator and enterprise customers.
M2M specialist Sierra Wireless is trying to fuel interest in its range of services with the launch of a new solution exchange and partner program.
The program is designed to promote integrated wireless solutions powered by Sierra Wireless (Richmond, Canada) technology and, according to the company, offers a streamlined and functional way for solution partners to market offerings to a network of operator, sales and reseller channels.
M2M specialist Digi International has teamed up with networks vendor Ericsson on the installation of a power distribution monitoring system for utility provider Shandong Power.
Although the work for Shandong Power is described as a pilot project, the “strategic collaboration” between Digi (Minnetonka, MN, USA) and Ericsson (Stockholm, Sweden) marks a significant push into China’s M2M market and could lead to major opportunities in future.
Module maker Novatel Wireless is to embark on a major restructuring program including staff redundancies just weeks after reporting a widening of its losses for the second quarter of the year.
In a statement on its website, the company said it would shut down one of its development sites as well as various manufacturing and other activities.
Telit has acquired cloud-services company ILS Technology (ILST) in a move that should further strengthen its position as a provider of managed M2M services and lessen its reliance on hardware sales.
The financial terms of the takeover were not disclosed, but Telit (London, UK) said that management, engineering and support staff from ILST (Boca Raton, FL, USA) would be integrated with its own m2mAir services unit, which the company set up last year.