Satellite deal
Digi International has bought almost all the assets of the US, Indian and Singapore affiliates of MobiApps Holdings, a developer of machine-to-machine (M2M) communications technology, focusing on satellite, mobile and hybrid satellite/cellular solutions.
MobiApps employs 63 people in India, Singapore and the US with a vast majority based in its India headquarters in Bangalore. The asset purchase positions Digi with satellite products and technologies that complement its wireless M2M strategy.
MobiApps has a strong technology and product position in the Orbcomm satellite ecosystem.
The company recently introduced a generation of products based on its own custom-designed and mixed-signal application-specific integrated circuit (ASIC), that reduces the complexity and improves performance of satellite M2M system solutions. These applications include fleet management, marine-vessel tracking, container tracking, agricultural monitoring, energy management and remote field service applications.
Satellite is especially suited to applications that cross country and continental boundaries, providing connectivity in very remote locations and providing wireless backup when mobile coverage is insufficient.
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