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Smart home shipments forecast to decline slightly in 2022 with modest growth expected in 2023, says IDC Tracker

Needham, United States – Worsening macroeconomic conditions have led a reduction in the outlook for global smart home device shipments according to the international data corporation (IDCWorldwide Quarterly Smart Home Device Tracker. Worldwide shipments of smart home devices are now expected to decline 2.6% in 2022 to 874 million units with smart speakers and video entertainment devices such as TV and streaming devices facing the brunt of the decline. (more…)

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December 28, 2022

Posted by: Janmesh Chintankar

ST Engineering iDirect helps to boost Bolivian backhaul for future growth with Mx-DMA MRC waveform

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…)

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December 15, 2022

Posted by: Shriya Raban

PHP Ventures Acquisition announces deal with Modulex Modular Buildings at $600mn valuation

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…)

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December 12, 2022

Posted by: Janmesh Chintankar

Airgain introduces sub-brands, website to better reflect pursuit of simplifying wireless

San Diego, United States – Airgain, Inc., a provider of wireless connectivity solutions, creating and delivering products that include embedded components, external antennas, and integrated systems across the globe has introduced three new sub-brands and a refreshed website that highlights its efforts to simplify wireless connectivity. (more…)

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December 5, 2022

Posted by: Janmesh Chintankar

Molex to preview Single Pair Ethernet offerings at Smart Production Solutions event

Lisle, United States – Molex, a global electronics and connectivity provider, has announced Single Pair Ethernet (SPE) technology as a new offering in its future product portfolio. Molex will preview the offering at the Smart Production Solutions (SPS) 2022 Showcase in Nuremberg, Germany on November 8-10. (more…)

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November 10, 2022

Posted by: Janmesh Chintankar

Linxens grows in connected health with acquisition of Nile

Linxens, a designer and manufacturer of secure electronic components, is extending its reach in the healthcare field with the acquisition of a majority stake in Nile. Nile is dedicated to the development and production of printed and converted products for the medical market. (more…)

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November 9, 2022

Posted by: Shriya Raban

HeartBeam broadens product portfolio pipeline with smartwatch connectivity enablement for 24/7 heart monitoring solution

Santa Clara, United States – HeartBeam, Inc., a cardiac technology company that has developed the 3D-vector ECG platform for heart attack detection anytime, anywhere, announced the expansion of its product portfolio pipeline to serve the growing cardiac device wearable technology market by bringing clinically relevant diagnostic information to patients and clinicians. The product pipeline advancement allows for the addition of arrhythmia detection capabilities to address the multibillion-dollar global market for atrial fibrillation and other arrhythmia monitoring. (more…)

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October 12, 2022

Posted by: Janmesh Chintankar

IoT will play a vital role this winter

Winter is coming and this year looks especially cold. With increasing prices and dwindling supplies, many across the northern hemisphere are preparing for the likelihood of energy restrictions, says Carsten Rhod Gregersen, CEO and founder of Nabto, a peer-to-peer (P2P) Internet of Things (IoT) connectivity provider. (more…)

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Posted by: Shriya Raban

Samsung Electronics participates in HCA at IFA 2022

Samsung Electronics will participate as a board chair in the home connectivity alliance (HCA) conference at IFA 2022 which will be held from September 2nd to 6th. Samsung will demonstrate its leadership in device interconnectivity through the company’s integrated home appliance solution: SmartThings. It will allow users to control home appliances from 13 brands from around the world.

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September 9, 2022

Posted by: Janmesh Chintankar

WaterIQ Technologies appoints board of directors to drive next growth phase for ultrasonic algae and biofilm treatments in IIoT

Wilson, Wyo., USA – WaterIQ Technologies, a specialist in ultrasonic solutions to combat harmful algae and biofilm without the use of chemicals, has appointed several key individuals to its board of directors. (more…)

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August 12, 2022

Posted by: Shriya Raban