As the Internet of Things (IoT) ecosystem continues to evolve, Telia Carrier and Ericsson have signed an agreement that highlights the critical role international carriers have to play. Telia Carrier will provide backhaul and interconnect solutions to Ericsson’s Device Connection Platform via a dedicated IoT backbone.
FIME today announces that its Global test tool is qualified for MasterCard cloud-based payment (MCBP) mobile application testing. Mobile payment solution providers and payment issuers can now validate the functional compliance of their host card emulation (HCE) mobile payments solutions against MCBP Specifications prior to the formal certification stage, reducing product time to market.
At the Money20/20 Europe in Copenhagen this week, Giesecke & Devrient (G&D) will showcase its Digital Banking Services including Convego Hub and CloudPay, its consumer-centric services such as instant issuance, its mobile application platform Convego AppWorld, and its digital identity services.
At the Money20/20 Europe in Copenhagen, Giesecke & Devrient (G&D) will showcase its Digital Banking Services including Convego Hub and CloudPay, its consumer-centric services such as instant issuance, its mobile application platform Convego AppWorld, and its digital identity services.
Competition within the telecommunications industry is fueling mergers and acquisitions, albeit at a slower pace than in years past. There were 269 telecom mergers in 2015, down 11.5 percent from the 304 mergers that took place in 2014 and off 20 percent from the 339 in 2013. Since the start of 2010, the industry has seen more than 2,400 M&A transactions. The number of telecom players is dwindling, but industry consolidation is still robust between mobile and fixed line/cable operators, resulting in bigger players occupying more dominant positions.
KORE’s announcement today of its acquisition of Wyless has been a while in the making, but is hugely significant now it is here. The combined business will have considerably more direct M2M connections than most Mobile Network Operator (MNO) M2M business units worldwide and will be the largest independent M2M network provider worldwide, certainly in terms of revenue. Among other statistics, the combined company has more than 350 staff, a customer base of more than 3,000 B2B companies globally and over 6m direct M2M connections that are significantly revenue generating.
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Cisco (NASDAQ: CSCO) announced today its intent to acquire Jasper Technologies, Inc., a privately held company based in Santa Clara that delivers a cloud-based IoT service platform to help enterprises and service providers launch, manage and monetize IoT services on a global scale. Under the terms of the agreement, Cisco will pay $1.4 billion in cash and assumed equity awards, plus additional retention based incentives.
Tokyo (Reuters) -Sony Corp , widely regarded as a key supplier of image sensors for Apple Inc's iPhones, said on Friday it was bracing for a slowdown in the premium smartphone market after sales of its sensors fell in the third quarter.
London (Reuters)- HSBC is working with law enforcement to catch those behind a cyber attack that forced its personal banking websites in the UK to shutdown, its second major service outage this month, the bank said on Friday.