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No Deal: Renesas Terminates Proposed $249 Million Acquisition of Sequans

Company cites adverse tax rulings in Japan as reason… Japan-based Renesas Electronics has cancelled its proposed $249 million acquisition of IoT module manufacturer Sequans Communications SQNS 0.00%↑.  Renesas said that under the...

Mobile World Congress 2024:  Location Technology Enabler for 5G, IoT and...

While artificial intelligence dominated the sessions at Mobile World Congress in Barcelona this week, location technology remained a solid choice for telecom companies to track...

Weekly Product News

Gabb Wireless and HERE Technologies Partner Gabb Wireless has partnered with HERE Technologies to launch Gabb Maps, which the companies are calling kid-safe mapping and navigation for all Gabb...

Can Russia Nuke GPS?

Uproar this week over Russia's space-based nuclear satellite attack capability... While Russia is developing a space-based nuclear capability to attack satellites, including GPS, industry experts...

Weekly Product News

Geotab Reaches 1 Million Public Sector Subscriptions Geotab  has announced that it has reached more than 1 million public sector subscriptions.  The company, which made...

U-Blox Sees Record Automotive Project Awards

Automated driving spurs GNSS module growth--and potential revenues of $100 million starting in 2026 Thalwil, Switzerland-based u-blox  has announced new project awards with “major automotive customers”...

Trimble Reports 2023 Earnings, Gives 2024 Guidance

Trimble $TRMB reported nearly $3.8 billion in 2023 revenue—a 3 percent year-over-year increase—and expects to report income between $3.57 billion and $3.67 billion this year. In...

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Korea Augmentation Satellite System Certified The Korea Augmentation Satellite System (KASS), which was developed by Thales Alenia Space, has been certified by the South Korean government.  The navigation...

Government Moves To Dismiss Ligado’s $40 Billion Lawsuit

GPS signal interference at center of the decade-old controversy… The United States government late last week filed a motion in the U.S. Court of Federal...

Weekly Product News

Powerfleet and MiX Telematics to Hold Merger Shareholder Meetings Powerfleet PWFL -1.56%↓ and MiX Telematics MIXT -1.27%↓ have announced shareholders meetings on Feb. 28, 2024, to vote on the proposed business combination between...

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