Industry News

The number of satellite IoT subscribers to reach 15.7 million in 2025

The global satellite IoT communications market is growing at a good steady pace. Despite the impact of the COVID-19 pandemic, the global IoT subscriber base grew to surpass 3.4 million in 2020. The installed base of satellite IoT connections will increase at a compound annual growth rate (CAGR) of 35.8 percent to reach 15.7 million units in 2025.


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Maury-dBm

Maury Microwave Announces Acquisition of dBmCorp

Maury Microwave, Inc. backed by Artemis Capital Partners, announced that it has completed the acquisition of dBmCorp, Inc. Founded in 1999, dBm is a leading designer and manufacturer of wireless link emulation equipment used for research & development, qualification and production verification testing in the satellite and wireless communication industries.


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Auto Radar

Qualcomm Tops Magna's Bid with $4.6B Offer for Veoneer

Magna's bid was already accepted by Veoneer board but will review Qualcomm offer

Qualcomm Inc. said on Thursday it had offered to buy Swedish auto parts maker Veoneer Inc. for $4.6 billion, an 18.4% premium to a bid in July by Canada's Magna International Inc. that was accepted by Veoneer's board. U.S.-listed shares of Veoneer, spun off in 2018 from air bag and seatbelt maker Autoliv, rose 28% as the stage was set for a bidding war.


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