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Network gear maker Orbcomm to go private in $909 million deal - Vimarsana News

Network gear maker Orbcomm to go private in $909 million deal

By Reuters Staff 1 Min Read (Reuters) -Network gear maker Orbcomm Inc said on Thursday it would be taken private by private equity firm GI Partners for about $909 million. As per the deal, Orbcomm stockholders will receive $11.50 per share in cash, representing a premium of about 52% to the company’s closing share price on Wednesday. The deal is valued at about $1.1 billion, including net debt, and is expected to close in the second half of 2021. Orbcomm makes products such as telematics devices, modems and cellular wireless SIMs. GI Partners is an investor in data infrastructure businesses...

Worldwide Connected Logistics Industry to 2026 - Asia-Pacific Region to Exhibit Maximum Growth - Vimarsana News

Worldwide Connected Logistics Industry to 2026 - Asia-Pacific Region to Exhibit Maximum Growth

Press release content from Business Wire. The AP news staff was not involved in its creation. Worldwide Connected Logistics Industry to 2026 - Asia-Pacific Region to Exhibit Maximum Growth - ResearchAndMarkets.com February 12, 2021 GMT DUBLIN--(BUSINESS WIRE)--Feb 12, 2021-- Connected Logistics help businesses become more customer-centric and efficient by increasing transparency in the business process. The Global Connected Logistics Market is expected to register a CAGR of 17.5% during the forecast period (2021 - 2026). ADVERTISEMENT Key Market Trends Increasing use of IoT and future technol...

Source: apnews.com
Worldwide Smart Fleet Management Industry to 2030 - Featuring Bosch, Calamp & Cisco Systems Among Others - Vimarsana News

Worldwide Smart Fleet Management Industry to 2030 - Featuring Bosch, Calamp & Cisco Systems Among Others

Share this article Share this article ResearchAndMarkets.com's offering. Global smart fleet management market will reach $710.9 billion by 2030, growing by 7.0% annually over 2020-2030 owing to the rising need for smart management solutions among smart cars, trains, marine vehicles, and aircrafts. Highlighted with 83 tables and 79 figures, this 167-page report "Global Smart Fleet Management Market 2020-2030 by Mode of Transport (Roadways, Railways, Marine, Airways), Connectivity, Application (ADAS, Tracking, Optimization, Remote Diagnostics), Industry Vertical, and Region: Trend Forecast and...

Vessel Tracking Systems Market - Vimarsana News

Vessel Tracking Systems Market

Vessel Tracking Systems Market

Off-Highway Vehicle Telematics Market Share Growing Rapidly with Recent Trends and Outlook 2020 - Vimarsana News

Off-Highway Vehicle Telematics Market Share Growing Rapidly with Recent Trends and Outlook 2020

Off-Highway Vehicle Telematics Market Share Growing Rapidly with Recent Trends and Outlook 2020 – 2027