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Tag: IoT Acquisition

ORBCOMM acquires SENS Asset Tracking Operation

ORBCOMM acquires SENS Asset Tracking Operation

| October 2, 2013

      ROCHELLE PARK, N.J.–(BUSINESS WIRE)–ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of Comtech Mobile Datacom Corporation’s (Comtech) Sensor Enabled Notification System (SENS) operation, which includes satellite hardware, network technology and web platforms. SENS is a market leader in providing one-way satellite […]

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SiriusXM to Acquire Connected Vehicle Unit of Agero

SiriusXM to Acquire Connected Vehicle Unit of Agero

| August 18, 2013

  Acquisition Positions SiriusXM as the Leading Telematics Service Provider NEW YORK, Aug. 15, 2013 /PRNewswire/ — Sirius XM Radio (NASDAQ: SIRI) today announced that it has entered into a definitive agreement to acquire the connected vehicle services business of Agero, Inc. for $530 million in cash. The connected vehicle unit of Agero is the […]

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