Johnson Controls has acquired FM:Systems, a digital workplace management and internet of things (IoT) solutions provider for facilities and real estate professionals. The base purchase price for the transaction is $455 million (€405.51 million), plus additional payments to be made subject to the achievement of post-closing earnout milestones. (more…)
July 19, 2023
Posted by: Shriya Raban
Comtech has secured a [$30 million (€26.69 million)] contract from Fairwinds Technologies, LLC to provide Comtech’s next-generation Troposcatter Family of Systems (FOS) in support of US Army tactical communications. Under this contract, Comtech will provide its software-defined Troposcatter FOS to enhance US Army beyond-line-of-site (BLOS) communications capabilities across all domains. (more…)
July 17, 2023
Posted by: Janmesh Chintankar
Telit Cinterion has announced that it is continuing the execution of its growth roadmap with the appointment of Sashidhar Thothadri as chief commercial officer and Neset Yalcinkaya as senior vice president sales, Americas. These appointments are indicative of the company’s commitment to adapting its executive management to align with the new market of digital transformation, leveraging Telit Cinterion’s expanded module portfolio, embedded-managed connectivity plans, and device management and data orchestration platforms. (more…)
July 11, 2023
Posted by: Janmesh Chintankar
Semtech Corporation, a high-performance semiconductor, IoT systems and cloud connectivity service provider, has announced the appointment of Hong Q. Hou to the company’s board of directors. Hou has extensive experience in product and business development as well as operations management having served in numerous leadership roles at technology companies with large global footprints. Hou also will join the compensation committee of the board. (more…)
July 4, 2023
Posted by: Shriya Raban
Exostellar has announced the appointment of Tony Shakib as its new co-CEO (chief executive officer). Shakib will work alongside current CEO Hakim Weatherspoon during a transition period, with the plan for Tony Shakib to assume the role of CEO in future. (more…)
Posted by: Shriya Raban
Infineon announces its XENSIV PAS CO2 has passed the performance requirements defined by the internationally recognised green building certifications WELL and LEED (Leadership in Energy and Environmental Design). A sensor contributes to 5 WELL features (e.g. ventilation design, air quality monitoring and awareness), and 6 LEED credits (e.g. optimised energy performance and enhanced indoor air quality strategies). These contributions enable buildings that pursue a certification to earn a maximum of 28 points for LEED and up to six points for WELL. (more…)
June 22, 2023
Posted by: Shriya Raban
LocatorX, a company known for connecting business processes at the edge with the enterprise through its open IoT hardware and software platforms, has announced Chester Kennedy as the new chief executive officer of Atlanta-based company. Kennedy comes to LocatorX from Infleqtion, formerly known as ColdQuanta, and brings over 35 years of experience in the aerospace and commercial electronics industries. His previous experience includes leadership roles at companies including ColdQuanta, BRIDG, and Lockheed Martin. Kennedy has experience companies through technological development and expansion. Kennedy will assume the role of chief executive officer as previous CEO, Scott Fletcher, transitions to the position of chief commercial officer, continuing his leadership presence at the company. (more…)
Posted by: Shriya Raban
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) announced [$930 million (€845.52 million)] to expand middle mile high-speed Internet infrastructure across 35 states and Puerto Rico. The Enabling Middle Mile Broadband Infrastructure programme invests in projects that build regional networks that connect to national Internet networks. (more…)
Posted by: Janmesh Chintankar
Regulatory leaders from around the world agreed on a new set of guidelines to secure an inclusive and sustainable digital future for all. (more…)
June 21, 2023
Posted by: Janmesh Chintankar
Arqit Quantum Inc., a provider of quantum-safe encryption, and DETASAD, a provider of telecommunications and ICT services in the Kingdom of Saudi Arabia, have announced teaming agreement. The companies are collaborating on creating sovereign security solutions and services. (more…)
June 20, 2023
Posted by: Shriya Raban