Blog: SkyBitz News RSS

This week SkyBitz will be at the ALK Transportation Technology Summit in Princeton, New Jersey to join other leaders in the transportation industry for candid discussions on ways technology will continue
to move the industry forward. As part of our participation in the event, our SVP and General Manager, Henry Popplewell, will be speaking on Thursday, May 16th, sharing a Cloud-Based Asset Management case study with one of our customers, Taylor Truck Line.

Session Description: As a leader in remote asset information management for more than 10 years, SkyBitz has contended that asset optimization is not strictly hardware dependant-- what’s equally important is the information in the cloud. The Cloud model is driven by providing convenience for clients and relies on sharing of resources in order to achieve consistency across platforms. Taylor Truck Line relies on integrated information from providers such as SkyBitz, ALK Technologies, and TMW Systems to help them optimize...

- SkyBitz is a North American Market Share Leader in Asset Tracking with Approximately 190,000 Assets Tracked
- Complementary Company Profile to Telular with 45% of Revenue from High Margin, Recurring Services; Annual Revenue is Approximately $35 Million
- Expected to be Immediately Accretive to Net Income before Non-Cash Items Upon Close, Which is Expected by the End of Fiscal Second Quarter

Chicago, IL,— December 5, 2011 - Telular Corporation (NASDAQ: WRLS), a global leader in connecting businesses and machines over wireless networks, today announced the signing of a definitive merger agreement to acquire SkyBitz, Inc.- the leading provider of mobile resource management (“MRM”) solutions focusing on tracking and management of truck trailers, intermodal containers, sea-going containers, rail cars, power generators and rental equipment.  The acquisition expands Telular’s position in the M2M space as a result of SkyBitz’s broad base of additional customers and proprietary...