Tag: Tracking
Qualcomm Sets $22 Billion Target in IoT, Automotive Markets
Qualcomm QCOM 0.12%↑ discussed financial targets of $22 billion, by September 2029, for IoT and automotive markets at its 2024 Investor Day this week. The ambitious target comes after...
FCC Argues AT&T’s $57 Million Location Privacy Fine Should Stand
Four Wireless Carriers Fined $200 Million in April for Allegedly Selling Access to Customer's Location Information.
In new filings this week, the Federal Communications Commission (FCC) said...
Qualcomm Enters IoT Partnership With STMicroelectronics, Completes Acquisition of Sequan’s 4G...
Qualcomm Technologies QCOM -0.12%↓ and STMicroelectronics STM -2.15%↓ have partnered to pair STMicroelectronic’s STM32 microcontroller ecosystem and Qualcomm’s wireless connectivity solutions. The partnership, which will target industrial and consumer IoT solutions, will first...
Powerfleet Acquires Fleet Complete in $200 Million Deal
To create a large fleet management entity, Powerfleet AIOT 2.20%↑ has acquired Fleet Complete in a $200 million deal. With 2.6 million combined subscribers, and forecasted combined revenue of more...
Viasat Grabs $153 Million Contract to Support Blue Force Tracker Program
Viasat V 0.21%↑ SAT has received a five-year contract from the Defense Information Services Agency, potentially worth $153 million, to provide network services and support for the U.S. Army’s Blue...
Location Intelligence Company Placer.ai Raises $75 Million
Location data provider Placer.ai recently raised $75 million to expand its valuation at nearly $1.5 billion, according to TechCrunch. The company, which combines AI with...
Weekly Product News
HERE, AWS Release Transportation and Logistics Whitepaper
HERE Technologies, with Amazon Web Services, has released a transportation and logistics whitepaper that reveals the challenges faced by...
Life360 Announces U.S. IPO Pricing, Target of Hacking
San Francisco area-based Life360 LIF 6.41%↑ last week announced the pricing of its initial public offering in the U.S. of 5,750,000 shares of common stock. The company owns Tile, which...
Telematics Company CalAmp Declares Bankruptcy, Goes Private
Telematics company CalAmp has filed Chapter 11 bankruptcy as part of a debt-cutting deal that places control of the company with lender Lynrock Lake Master Fund LP.
The...
Weekly Product News
Miovision Selects TomTom to Power Traffic Signal Solutions
TomTom has been selected by Miovision to improve signal analytics and in-vehicle solutions with traffic data and real-time/historic traffic...