ATrack Technology Inc., a well-known global Telematics brand, recently launched three new 4G products for fleet management and asset tracking, including the AK500 Telematics Gateway, AX300 OBD vehicle tracker and AS500 long standby asset tracker, will help logistics operators improve management efficiency and reduce operating costs. (more…)
December 15, 2022
Posted by: Shriya Raban
Herndon, Va., 13 December 2022 – ST Engineering iDirect, a global provider satellite communications, has announced that its longstanding partner, the Bolivian Space Agency (ABE), a public company of the Plurinational State of Bolivia, has upgraded its satellite ground network underscoring its future business strategy. ABE, operator of the Tupac Katari 1 satellite (TKSAT-1), expects the network upgrade to increase its cellular backhaul (CBH) service by at least 500 sites in both Ku and Ka-bands and to support the deployment of additional services, including enterprise and IoT, to increase revenue in line with their strategic ambitions. (more…)
Posted by: Shriya Raban
Siemens has been awarded a new contract to establish a distribution management system and advanced metering infrastructure for North Delta Electricity Distribution Company (NDEDC). As a subsidiary of the state-owned utility Egyptian Electricity Holding Company (EEHC), NDEDC is responsible for the distribution network of the Daqahleya, Damietta and Kafr El-Sheikh governorates and serves about 4.5 million electrical subscribers. Siemens will be implementing an ADMS control center for the Damietta region. This project is funded by the Japanese International Cooperation Agency (JICA) and has a value of about EUR 40 million and is known as Lot 3. Siemens already received an order with a similar scope for Egypt´s Alexandria region in September 2022. (more…)
Posted by: Shriya Raban
Allgemeiner Deutscher Automobil-Club (ADAC), Europe’s motoring association and Germany’s auto club with 21 million members, announced the launch of their disruptive ‘Smart Connect’ service, based on joint technology from MUNIC and Hella Gutmann Solutions. (more…)
Posted by: Shriya Raban
Siemens and Osprey Charging, UK’s Charge Point Operators (CPOs) have launched a new collaboration to help fast-track the commissioning of electric vehicle (EV) charging sites across the UK. (more…)
December 14, 2022
Posted by: Shriya Raban
Crypto Quantique, a provider of quantum-driven cyber security for the internet of things (IoT), is now making an Amazon AWS trial version of its QuarkLink IoT security platform available free for 30 days. (more…)
December 13, 2022
Posted by: Shriya Raban
New York, United States – Verizon Business announced that the Verizon Connect Fleet platform has obtained Canadian electronic logging device (ELD) certification from a third-party organisation. Integrated with the Verizon Connect fleet management system, the all-in-one ELD solution now provides customers with the reliability and flexibility needed to simplify compliance with the new hours of service (HOS) regulations in Canada. (more…)
Posted by: Janmesh Chintankar
Miami Beach, United States – Modulex Modular Buildings Plc, a UK-based, globally focused “ConstrucTech” manufacturer of modular buildings and PHP Ventures Acquisition Corp., a special purpose acquisition company, announced the signing of a definitive business combination agreement. After the closing of the transactions contemplated in the BCA, Modulex will become a publicly listed company and PHP will become a subsidiary of Modulex. (more…)
December 12, 2022
Posted by: Janmesh Chintankar
Chicago, United States – Nexer Group, a global tech and IT services consultancy with expertise in digital transformation, tech, engineering, and embedded development, announced the acquisition of Rangeline Solutions, an ERP solutions provider using Microsoft Dynamics 365 and based in Carmel, Indiana. Financial details of the transaction were not disclosed. (more…)
December 9, 2022
Posted by: Janmesh Chintankar
Denver and Vancouver, Canada – SpotLite360 IOT Solutions, Inc., to announce that it has entered into a non-binding letter of intent (the “LOI”) to acquire TrackX Holdings, Inc., by way of a proposed transaction, whereby the company will acquire all of the issued and outstanding securities of TrackX. (more…)
Posted by: Janmesh Chintankar