M2M : Machine 2 Machine

Telular Corporation the leader in alarm and event monitoring solutions and services, today completed the acquisition of SupplyNet Communications, a leading supplier of wireless tank-level monitoring services. Additionally, Telular announced preliminary financials for the fourth quarter and fiscal year ended September 30, 2008.
SupplyNet Communications, based in Schaumburg, Illinois, provides private label and branded tank monitoring solutions for some of the world’s largest petroleum logistics and chemical companies. SupplyNet’s automatic replenishment (ARP) infrastructure enables the wireless monitoring of vital inventory information allowing companies to manage costs while optimizing cash flow with just-in-time delivery. Under the terms of the agreement, Telular will initially pay approximately $3 million in cash at closing. During 2009, the Company expects to generate nearly $6 million in revenues from SupplyNet Communications. As part of the acquisition, John G. Crump, President and Founder of SupplyNet, will join Telular’s management team as VP, M2M Sales and Services.
“The acquisition of SupplyNet is consistent with our strategy to expand Telular’s portfolio of solutions into emerging markets with significant growth potential and recurring revenue streams,” said Joseph Beatty, president and chief executive officer of Telular Corporation. “By combining both our technology and experience, we will be able to introduce wireless ARP solutions to new industrial markets. We have a strong reputation for our existing products and have been providing machine-to-machine solutions (M2M) for many years through our Telguard(R) Digital line of cellular alarm communicators. This acquisition will diversify our revenue stream beyond the security space and into a relatively underpenetrated and burgeoning market. We are very pleased about this exciting growth opportunity and expect this acquisition to be accretive in fiscal 2009.”

Wavecom a provider of M2M Modules and services annouced that it has acquired Anyware tech. This adds software tools and services for rapid development of M2M applications to Wavecom offering…
From the press release –

Anyware Technologies brings to Wavecom a world class-leading Integrated Development Environment (IDE), built on Eclipse(tm), whose ease-of-use will accelerate broad adoption of wireless M2M applications. Anyware’s Java(tm)-based software can be used with all brands of wireless modules and the company will continue to supply to the entire wireless M2M space