Telenor announced that all shares in software company Working Group Two will be acquired by the global communications technology company Cisco. Telenor sells its 44.6% share of Working Group Two, in a transaction where Cisco will acquire all shares in the company for an enterprise value of [$150 million (€137.03 million)]. Working Group Two will be incorporated fully into Cisco.
August 14, 2023
Posted by: Janmesh Chintankar
Ubiik, a provider in advanced metering infrastructure (AMI) and private LTE (pLTE) (long term evolution) solutions, has announced the acquisition of New Zealand-based Mimomax Wireless, a provider of communication solutions for narrowband channels. This acquisition will accelerate Ubiik’s market expansion and will bring Ubiik’s pLTE product line to Mimomax’s global customer base. (more…)
July 19, 2023
Posted by: Janmesh Chintankar
AcBel Polytech Inc., has announced the completion of its acquisition of ABB Ltd’s Power Conversion division. The closing of the transaction follows the satisfaction of all conditions precedent, including CFIUS (Committee on Foreign Investment in the United States) clearance. (more…)
July 7, 2023
Posted by: Janmesh Chintankar
2degrees has announced that it is acquiring the broadband customer base of MyRepublic New Zealand as MyRepublic makes its exit from the New Zealand broadband market. (more…)
July 6, 2023
Posted by: Janmesh Chintankar
Midwest fibre-to-the-home (FTTH) provider i3 Broadband has closed the acquisition of Big River Broadband, and its wholly owned subsidiary Circle Fiber. The combination will allow i3 Broadband to further expand its fibre footprint to residential and commercial customers across central Illinois and eastern Missouri.
(more…)
June 15, 2023
Posted by: Janmesh Chintankar
LiveOak Fiber, a regional service provider building and operating a broadband network, announces its acquisition of the Glynn and Camden counties fibre network assets from Alma Telephone Company (ATC) Broadband, a telecommunications company based in Alma, Georgia. (more…)
May 13, 2023
Posted by: Janmesh Chintankar
Quebecor Inc., has announced that the acquisition of Freedom Mobile Inc., by Videotron Ltd., a wholly-owned subsidiary of Quebecor, has been completed, creating the fourth wireless service provider in Canada. With a combined total of more than 3.5 million customers for mobile services alone and the expertise of nearly 7,500 employees, Freedom and Videotron have the leverage to further disrupt Canada’s wireless market.
April 7, 2023
Posted by: Janmesh Chintankar
Vienna, Austria – With the acquisition of Wideco, a Swedish based technology company, Wienerberger Group is taking a further step into enhancing its smart solution offerings. Given Wideco’s knowledge in developing Internet of Things (IoT) solutions, Wienerberger will be able to offer enhanced smart solutions, enabling customers to increase their operational safety such as measuring, localising, and preventing leaks in district heating pipelines. Wideco’s offering includes full solutions, covering sensor devices, IoT sensors, data communication and a user-friendly real-time web monitoring platform.
Posted by: Janmesh Chintankar
Woodcliff Lake, United States – Powerfleet, Inc., a global provider of Internet of Things (IoT) software-as-a-service (SaaS) solutions that optimise the performance of mobile assets and resources to unify business operations, has signed an agreement to acquire Movingdots, a provider of insurance telematics and sustainable mobility solutions based in Bremen, Germany, and a subsidiary of re-insurers, Swiss Re. (more…)
March 15, 2023
Posted by: Janmesh Chintankar
LiveOak Fiber, a regional service provider building and operating a broadband network, announces its intent to acquire Glynn and Camden counties fibre network assets from Alma Telephone Company (ATC) Broadband, a telecommunications company based in Alma, Georgia. (more…)
February 12, 2023
Posted by: Janmesh Chintankar