Verizon to buy Hughes Telematics for its M2M tech

Verizon Communications Friday agreed to acquire Hughes Telematics for $612 million.

Verizon said it plans to extend Hughes Telematics' wireless communications technology for vehicles and fleet management to the asset tracking, mobile health and home automation areas.

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Source: https://www.infoworld.com/d/mobile-technology/verizon-buy-hughes-telematics-its-m2m-tech-194646?source=rss_the_industry_standard

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