Orbcomm Inc (ORBC) 6.38 $ORBC
Global Mobile M2M Module Market 2014-2018
PR Newswire Europe - Thu May 08, 7:35AM CDT
DUBLIN, May 8, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/b4n6xw/global_mobile_m2m [http://www.researchandmarkets.com/research/b4n6xw/global_mobile_m2m]) has announced the addition of the "Global Mobile M2M Module Market 2014-2018" [http://www.researchandmarkets.com/research/b4n6xw/global_mobile_m2m] report to their offering.
ORBCOMM Announces First Quarter 2014 Results
Business Wire - Thu May 08, 7:31AM CDT
--- Adjusted EBITDA of $3.6 million excluding Acquisition Related Costs -
ORBCOMM Has Returned 12.1% Since SmarTrend Recommendation (ORBC)
Comtex SmarTrend(R) - Wed May 07, 5:19PM CDT
SmarTrend identified a Downtrend for ORBCOMM (NASDAQ:ORBC) on March 24th, 2014 at $6.83. In approximately 1 month, ORBCOMM has returned 12.09% as of today's recent price of $6.00.
ORBCOMM Offers Its Portfolio of M2M Solutions to Government Customers under Corp Ten's GSA Schedule
Business Wire - Wed May 07, 7:30AM CDT
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it will offer its portfolio of M2M solutions to government customers under Corp Ten's General Services Administration (GSA) schedule. A long-time ORBCOMM partner, Corp Ten is a leading provider of integrated GPS tracking and information management solutions for the federal government.
Global Mobile M2M Module Market 2014-2018 with Gemalto N.V., Sierra Wireless, SIMCom Wireless Solutions & Telit Wireless Solutions Dominating
M2 - Tue May 06, 3:55AM CDT
Research and Markets (http://www.researchandmarkets.com/research/28tlhj/global_mobile_m2m) has announced the addition of the "Global Mobile M2M Module Market 2014-2018 with Gemalto N.V., Sierra Wireless, SIMCom Wireless Solutions & Telit Wireless Solutions Dominating" report to their offering. The Global Mobile M2M Module market to grow at a CAGR of 16 to 2018. One of the major trends that the market is witnessing is the sharp decline in the ASP of mobile M2M modules. Despite the consistent growth in the total unit shipments from 2010, there was a steep dip in the ASP. The ASP is expected to decline from US$29.3 in 2013 to US$18.9 in 2018. The steep decline in the ASP in 2013 indicates the intense competition in the market leading to industry consolidation. While module makers face challenges from both competing vendors and the inclination toward commoditization, the decline in the ASP is increasing the addressable market for mobile M2M connectivity. According to the report, one of the main drivers in this market is the increased adoption of mobile devices. Nowadays, people across the globe are increasingly using mobile devices such as smartphones, tablets, and PDAs for personal and official purposes. These devices are intelligently connected to each other through advanced M2M modules, smart sensors, and software. Mobile technology also helps organizations quickly obtain real-time information, which is a key success factor for any business model. Further, the report states that one of the major challenges in this market is the dependency on the deployment of wireless network infrastructure. Mobile M2M modules are highly dependent on wireless technologies such as GSM/GPRS, CDMA EV-DO, WCDMA, and LTE for their operation. Hence, the adoption of mobile M2M modules in particular geographies is dependent on the network infrastructure and the quality of the wireless network. Key vendors dominating this space are: - Gemalto N.V. - Sierra Wireless Inc. - SIMCom Wireless Solutions Co. Ltd. - Telit Wireless Solutions. Other vendors mentioned in the report are: - Aeris Communications Inc. - Ambient Corp. - AT&T Inc. - Bright Sky Holdings LLC - Cellco Partnership Inc. - EDMI Ltd. - Encore Networks Inc. - GeaCom Inc. - Huawei Technologies Inc. - M2M Data Corp. - Mesh Systems LLC. - Motorola Solutions Inc. - Multi-Tech Systems Inc. - Novatel Wireless Inc. - nPhase - Numerex Corp. - Orbcomm Inc. - QUAKE Global Inc. - Rogers Wireless Inc. - SK Telecom Co. Ltd. - SoftBank Corp. - Sprint Corp. - Telstra Corp. Ltd. Key questions answered in this report: - What will the market size be in 2018 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors? For more information visit http://www.researchandmarkets.com/research/28...mobile_m2m
ORBCOMM to Host First Quarter 2014 Results Conference Call
Business Wire - Thu May 01, 7:30AM CDT
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that its senior management team will host a conference call to review results of its first quarter ended March 31, 2014, on Thursday, May 8, 2014, at 10:30 AM ET. ORBCOMM's financial results for the first quarter 2014 will be released on Thursday, May 8, 2014.
ORBCOMM Announces Launch Date for First OG2 Mission
Business Wire - Wed Apr 30, 7:31AM CDT
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it will launch six next generation OG2 satellites from Cape Canaveral Air Force Base in Florida aboard a dedicated SpaceX Falcon 9 rocket scheduled for the morning of May 10, 2014.
ORBCOMM and Savi awarded USD204m, five-year contract by US DoD to provide advanced satellite tracking and security solutions
M2 - Wed Apr 23, 4:18AM CDT
ORBCOMM Inc (Nasdaq:ORBC), a provider of Machine-to-Machine (M2M) solutions, announced on Tuesday that its partner, Savi Technology (Savi), has been awarded a five-year US Department of Defence contract as the sole provider to the USD204m RFID-IV programme, which currently has a USD102m ceiling.
ORBCOMM and Savi to Provide Advanced Satellite Tracking and Security Solutions to Government Customers Through RFID-IV Contract Award
Business Wire - Tue Apr 22, 7:31AM CDT
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, announced that its partner, Savi Technology (Savi), has been awarded a five-year U.S. Department of Defense contract as the sole provider to the $204 million RFID-IV program, which currently has a $102 million ceiling. The RFID-IV program offers a wide range of technology solutions, including newly-upgraded Radio Frequency Identification (RFID), satellite-based Enhanced In-Transit Visibility (EITV) and Advanced Intrusion Tracking Detection (ATID) products and services, to a wide range of government customers for global asset planning and tracking of personnel, equipment and sustainment cargo worldwide.
ORBCOMM Moves Its Innovation and Network Control Center to New Location in Northern Virginia
Business Wire - Wed Apr 16, 1:29PM CDT
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has relocated its Innovation and Network Control Center to a newly renovated facility just minutes from its current location in Dulles, VA, on April 14, 2014.
SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into ORBCOMM, Inc. Regarding Possible Breaches of Fiduciary Duty
Business Wire - Fri Apr 04, 11:47AM CDT
Levi & Korsinsky, LLP is investigating ORBCOMM Inc. (Nasdaq:ORBC) in connection with possible claims of breaches of fiduciary duty by certain of the members of the board of directors of the Company.
Global Satellite Market 2014-2018: One of the Major Drivers in this Market is the Growing Commercial Satellite Market
M2 - Wed Mar 26, 7:33AM CDT
Research and Markets (http://www.researchandmarkets.com/research/jvs7fx/global_satellite) has announced the addition of the "Global Satellite Market 2014-2018" report to their offering. The analysts forecast the Global Satellite market to grow at a CAGR of 8.05 percent over the period 2013-2018. One of the key factors contributing to this market growth is the growing Commercial Satellite market. The Global Satellite market has also been witnessing the increasing demand for high power and high throughput satellites. Key vendors dominating this space are Boeing, Airbus SAS., Lockheed Martin Corp., Orbital Sciences Corp. and Thales Group. Other vendors mentioned in the report are APCO Technologies SA, Ariane Space, ATC Inc., China Great Wall Indutry Corp., Comtech Telecommunications Corp. , Encompass Digital Media, Inc., Eutelsat Communications S.A., GenCorp: Aerojet, Globalstar Inc., GlobeComm Systems Inc., Harris Corporation, Huawei, Hughes Satellite Systems Corp., Indian Space Research Organisation, Indian Space Research Organisation: ISRO, Inmarsat Plc., Intelsat Investment S.A., International Launch Services, Iridium Communications Inc., ITT Corporation: Space Systems, Jena-Optronik GmbH, L-3 Communications: Space and Navigation, Loral Space Systems, Mitsubishi Heavy Industries, OHB System AG, Orbcomm Inc., Satcom Resources, SES S.A., SKY Perfect JSAT Holdings Inc., Space International Services, SPACEX, Star One S.A., STM Networks Inc., Telesat Holdings Inc., Thaicom Public Company Ltd., Thuraya Satellite Telecommunication Company Inc., United Launch Alliance, ViaSat Inc. and VT iDirect, Inc. Commenting on the report, an analyst from the team said: the Global Satellite market is expected to witness moderate growth due to the presence of some emerging trends that could have a positive impact on the market during the forecast period. One such trend is the increased demand for high power and HTS due to the continuing demand for broadband internet and internet connectivity with high bandwidth. For more information visit http://www.researchandmarkets.com/research/jv..._satellite About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
72.2% Return Seen to Date on SmarTrend ORBCOMM Call (ORBC)
Comtex SmarTrend(R) - Thu Mar 20, 9:40AM CDT
SmarTrend identified an Uptrend for ORBCOMM (NASDAQ:ORBC) on June 7th, 2013 at $4.21. In approximately 10 months, ORBCOMM has returned 72.21% as of today's recent price of $7.25.
ORBCOMM (ORBC) Crumbles: Stock Falls by 6% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Mar 20, 7:53AM CDT
Shares of ORBCOMM fell over 6% last session and also witnessed continuous downtrend in the past one-month time frame over 4%. So its time to keep a close watch on this firm in the near future and especially on earnings estimates following the recent slump.
ORBCOMM posts net income of USD4.5m for the year 2013
M2 - Fri Mar 14, 4:10AM CDT
ORBCOMM Inc (Nasdaq:ORBC), a provider of Machine-to-Machine (M2M) solutions, on Thursday reported net Income attributable to ORBCOMM's common stockholders of USD4.5m, or USD0.10 per basic share, for the full year ended 31 December 2013.
87.1% Return Seen to Date on SmarTrend ORBCOMM Call (ORBC)
Comtex SmarTrend(R) - Thu Mar 13, 9:11AM CDT
SmarTrend identified an Uptrend for ORBCOMM (NASDAQ:ORBC) on June 7th, 2013 at $4.21. In approximately 9 months, ORBCOMM has returned 87.09% as of today's recent price of $7.88.
ORBCOMM Announces Results for Fourth Quarter and Full Year 2013
Business Wire - Thu Mar 13, 7:30AM CDT
--- Adjusted EBITDA of $4.4 million in the 4th Quarter -
ORBCOMM acquires Euroscan for undisclosed sum
M2 - Thu Mar 13, 4:10AM CDT
ORBCOMM Inc (Nasdaq:ORBC), a provider of Machine-to-Machine (M2M) solutions, announced on Wednesday the completion of its acquisition of Euroscan Holdings BV, a supplier of refrigerated transportation temperature compliance recording systems.
ORBCOMM Acquires Euroscan, Europe's Leading M2M Provider of Refrigerated Transportation Solutions
Business Wire - Wed Mar 12, 7:30AM CDT
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of Euroscan Holdings, B.V. (Euroscan), a leading global supplier of refrigerated transportation temperature compliance recording systems. Based in the Netherlands, Euroscan's integrated turn-key systems are used worldwide to ensure the safe and secure transportation of food and pharmaceuticals by monitoring and assuring temperature compliance throughout the supply chain. Terms of the acquisition will be available in subsequent public filings.
Global Mobile M2M Module Market 2014-2018
PR Newswire Europe - Thu May 08, 7:35AM CDT
DUBLIN, May 8, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/b4n6xw/global_mobile_m2m [http://www.researchandmarkets.com/research/b4n6xw/global_mobile_m2m]) has announced the addition of the "Global Mobile M2M Module Market 2014-2018" [http://www.researchandmarkets.com/research/b4n6xw/global_mobile_m2m] report to their offering.
ORBCOMM Announces First Quarter 2014 Results
Business Wire - Thu May 08, 7:31AM CDT
--- Adjusted EBITDA of $3.6 million excluding Acquisition Related Costs -
ORBCOMM Has Returned 12.1% Since SmarTrend Recommendation (ORBC)
Comtex SmarTrend(R) - Wed May 07, 5:19PM CDT
SmarTrend identified a Downtrend for ORBCOMM (NASDAQ:ORBC) on March 24th, 2014 at $6.83. In approximately 1 month, ORBCOMM has returned 12.09% as of today's recent price of $6.00.
ORBCOMM Offers Its Portfolio of M2M Solutions to Government Customers under Corp Ten's GSA Schedule
Business Wire - Wed May 07, 7:30AM CDT
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it will offer its portfolio of M2M solutions to government customers under Corp Ten's General Services Administration (GSA) schedule. A long-time ORBCOMM partner, Corp Ten is a leading provider of integrated GPS tracking and information management solutions for the federal government.
Global Mobile M2M Module Market 2014-2018 with Gemalto N.V., Sierra Wireless, SIMCom Wireless Solutions & Telit Wireless Solutions Dominating
M2 - Tue May 06, 3:55AM CDT
Research and Markets (http://www.researchandmarkets.com/research/28tlhj/global_mobile_m2m) has announced the addition of the "Global Mobile M2M Module Market 2014-2018 with Gemalto N.V., Sierra Wireless, SIMCom Wireless Solutions & Telit Wireless Solutions Dominating" report to their offering. The Global Mobile M2M Module market to grow at a CAGR of 16 to 2018. One of the major trends that the market is witnessing is the sharp decline in the ASP of mobile M2M modules. Despite the consistent growth in the total unit shipments from 2010, there was a steep dip in the ASP. The ASP is expected to decline from US$29.3 in 2013 to US$18.9 in 2018. The steep decline in the ASP in 2013 indicates the intense competition in the market leading to industry consolidation. While module makers face challenges from both competing vendors and the inclination toward commoditization, the decline in the ASP is increasing the addressable market for mobile M2M connectivity. According to the report, one of the main drivers in this market is the increased adoption of mobile devices. Nowadays, people across the globe are increasingly using mobile devices such as smartphones, tablets, and PDAs for personal and official purposes. These devices are intelligently connected to each other through advanced M2M modules, smart sensors, and software. Mobile technology also helps organizations quickly obtain real-time information, which is a key success factor for any business model. Further, the report states that one of the major challenges in this market is the dependency on the deployment of wireless network infrastructure. Mobile M2M modules are highly dependent on wireless technologies such as GSM/GPRS, CDMA EV-DO, WCDMA, and LTE for their operation. Hence, the adoption of mobile M2M modules in particular geographies is dependent on the network infrastructure and the quality of the wireless network. Key vendors dominating this space are: - Gemalto N.V. - Sierra Wireless Inc. - SIMCom Wireless Solutions Co. Ltd. - Telit Wireless Solutions. Other vendors mentioned in the report are: - Aeris Communications Inc. - Ambient Corp. - AT&T Inc. - Bright Sky Holdings LLC - Cellco Partnership Inc. - EDMI Ltd. - Encore Networks Inc. - GeaCom Inc. - Huawei Technologies Inc. - M2M Data Corp. - Mesh Systems LLC. - Motorola Solutions Inc. - Multi-Tech Systems Inc. - Novatel Wireless Inc. - nPhase - Numerex Corp. - Orbcomm Inc. - QUAKE Global Inc. - Rogers Wireless Inc. - SK Telecom Co. Ltd. - SoftBank Corp. - Sprint Corp. - Telstra Corp. Ltd. Key questions answered in this report: - What will the market size be in 2018 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors? For more information visit http://www.researchandmarkets.com/research/28...mobile_m2m
ORBCOMM to Host First Quarter 2014 Results Conference Call
Business Wire - Thu May 01, 7:30AM CDT
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that its senior management team will host a conference call to review results of its first quarter ended March 31, 2014, on Thursday, May 8, 2014, at 10:30 AM ET. ORBCOMM's financial results for the first quarter 2014 will be released on Thursday, May 8, 2014.
ORBCOMM Announces Launch Date for First OG2 Mission
Business Wire - Wed Apr 30, 7:31AM CDT
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it will launch six next generation OG2 satellites from Cape Canaveral Air Force Base in Florida aboard a dedicated SpaceX Falcon 9 rocket scheduled for the morning of May 10, 2014.
ORBCOMM and Savi awarded USD204m, five-year contract by US DoD to provide advanced satellite tracking and security solutions
M2 - Wed Apr 23, 4:18AM CDT
ORBCOMM Inc (Nasdaq:ORBC), a provider of Machine-to-Machine (M2M) solutions, announced on Tuesday that its partner, Savi Technology (Savi), has been awarded a five-year US Department of Defence contract as the sole provider to the USD204m RFID-IV programme, which currently has a USD102m ceiling.
ORBCOMM and Savi to Provide Advanced Satellite Tracking and Security Solutions to Government Customers Through RFID-IV Contract Award
Business Wire - Tue Apr 22, 7:31AM CDT
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, announced that its partner, Savi Technology (Savi), has been awarded a five-year U.S. Department of Defense contract as the sole provider to the $204 million RFID-IV program, which currently has a $102 million ceiling. The RFID-IV program offers a wide range of technology solutions, including newly-upgraded Radio Frequency Identification (RFID), satellite-based Enhanced In-Transit Visibility (EITV) and Advanced Intrusion Tracking Detection (ATID) products and services, to a wide range of government customers for global asset planning and tracking of personnel, equipment and sustainment cargo worldwide.
ORBCOMM Moves Its Innovation and Network Control Center to New Location in Northern Virginia
Business Wire - Wed Apr 16, 1:29PM CDT
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has relocated its Innovation and Network Control Center to a newly renovated facility just minutes from its current location in Dulles, VA, on April 14, 2014.
SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into ORBCOMM, Inc. Regarding Possible Breaches of Fiduciary Duty
Business Wire - Fri Apr 04, 11:47AM CDT
Levi & Korsinsky, LLP is investigating ORBCOMM Inc. (Nasdaq:ORBC) in connection with possible claims of breaches of fiduciary duty by certain of the members of the board of directors of the Company.
Global Satellite Market 2014-2018: One of the Major Drivers in this Market is the Growing Commercial Satellite Market
M2 - Wed Mar 26, 7:33AM CDT
Research and Markets (http://www.researchandmarkets.com/research/jvs7fx/global_satellite) has announced the addition of the "Global Satellite Market 2014-2018" report to their offering. The analysts forecast the Global Satellite market to grow at a CAGR of 8.05 percent over the period 2013-2018. One of the key factors contributing to this market growth is the growing Commercial Satellite market. The Global Satellite market has also been witnessing the increasing demand for high power and high throughput satellites. Key vendors dominating this space are Boeing, Airbus SAS., Lockheed Martin Corp., Orbital Sciences Corp. and Thales Group. Other vendors mentioned in the report are APCO Technologies SA, Ariane Space, ATC Inc., China Great Wall Indutry Corp., Comtech Telecommunications Corp. , Encompass Digital Media, Inc., Eutelsat Communications S.A., GenCorp: Aerojet, Globalstar Inc., GlobeComm Systems Inc., Harris Corporation, Huawei, Hughes Satellite Systems Corp., Indian Space Research Organisation, Indian Space Research Organisation: ISRO, Inmarsat Plc., Intelsat Investment S.A., International Launch Services, Iridium Communications Inc., ITT Corporation: Space Systems, Jena-Optronik GmbH, L-3 Communications: Space and Navigation, Loral Space Systems, Mitsubishi Heavy Industries, OHB System AG, Orbcomm Inc., Satcom Resources, SES S.A., SKY Perfect JSAT Holdings Inc., Space International Services, SPACEX, Star One S.A., STM Networks Inc., Telesat Holdings Inc., Thaicom Public Company Ltd., Thuraya Satellite Telecommunication Company Inc., United Launch Alliance, ViaSat Inc. and VT iDirect, Inc. Commenting on the report, an analyst from the team said: the Global Satellite market is expected to witness moderate growth due to the presence of some emerging trends that could have a positive impact on the market during the forecast period. One such trend is the increased demand for high power and HTS due to the continuing demand for broadband internet and internet connectivity with high bandwidth. For more information visit http://www.researchandmarkets.com/research/jv..._satellite About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
72.2% Return Seen to Date on SmarTrend ORBCOMM Call (ORBC)
Comtex SmarTrend(R) - Thu Mar 20, 9:40AM CDT
SmarTrend identified an Uptrend for ORBCOMM (NASDAQ:ORBC) on June 7th, 2013 at $4.21. In approximately 10 months, ORBCOMM has returned 72.21% as of today's recent price of $7.25.
ORBCOMM (ORBC) Crumbles: Stock Falls by 6% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Mar 20, 7:53AM CDT
Shares of ORBCOMM fell over 6% last session and also witnessed continuous downtrend in the past one-month time frame over 4%. So its time to keep a close watch on this firm in the near future and especially on earnings estimates following the recent slump.
ORBCOMM posts net income of USD4.5m for the year 2013
M2 - Fri Mar 14, 4:10AM CDT
ORBCOMM Inc (Nasdaq:ORBC), a provider of Machine-to-Machine (M2M) solutions, on Thursday reported net Income attributable to ORBCOMM's common stockholders of USD4.5m, or USD0.10 per basic share, for the full year ended 31 December 2013.
87.1% Return Seen to Date on SmarTrend ORBCOMM Call (ORBC)
Comtex SmarTrend(R) - Thu Mar 13, 9:11AM CDT
SmarTrend identified an Uptrend for ORBCOMM (NASDAQ:ORBC) on June 7th, 2013 at $4.21. In approximately 9 months, ORBCOMM has returned 87.09% as of today's recent price of $7.88.
ORBCOMM Announces Results for Fourth Quarter and Full Year 2013
Business Wire - Thu Mar 13, 7:30AM CDT
--- Adjusted EBITDA of $4.4 million in the 4th Quarter -
ORBCOMM acquires Euroscan for undisclosed sum
M2 - Thu Mar 13, 4:10AM CDT
ORBCOMM Inc (Nasdaq:ORBC), a provider of Machine-to-Machine (M2M) solutions, announced on Wednesday the completion of its acquisition of Euroscan Holdings BV, a supplier of refrigerated transportation temperature compliance recording systems.
ORBCOMM Acquires Euroscan, Europe's Leading M2M Provider of Refrigerated Transportation Solutions
Business Wire - Wed Mar 12, 7:30AM CDT
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of Euroscan Holdings, B.V. (Euroscan), a leading global supplier of refrigerated transportation temperature compliance recording systems. Based in the Netherlands, Euroscan's integrated turn-key systems are used worldwide to ensure the safe and secure transportation of food and pharmaceuticals by monitoring and assuring temperature compliance throughout the supply chain. Terms of the acquisition will be available in subsequent public filings.
