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Telit Wireless Solutions , a global leader in machine-to-machine (M2M) wireless technology, has entered into a binding agreement to purchase Navman Wireless OEM Solutions , a leading designer and manufacturer of world-class Global Positioning System (GPS) modules and solutions, for $3 M in cash. This latest Telit acquisition comes...
Telit Wireless Solutions and Motorola Solutions have successfully completed the transaction in which Telit acquired Motorola Solutions' M2M modules business unit and Motorola Solutions’ associated employees have joined Telit. All existing Telit and Motorola products will be maintained and available as originally planned by the separate entities. Telit will...
Telit Wireless Solutions and Motorola Solutions have signed a definitive agreement in which Telit will purchase Motorola Solutions' M2M modules line of products, with the company’s associated employees joining Telit. The sale is subject to the customary closing conditions and regulatory approvals. The acquisition would bring Telit’s consolidated pro...
