Telenor Connexion in strategic deal with Ericsson

Having been an early pioneer in the M2M market in automotive, security and smart metering industries, Telenor Connexion developed an advanced M2M dedicated platform in 2009. This platform and managed M2M solutions were subsequently chosen by companies such as Omron, Nissan, TomTom, and Qualcomm for their embedded connectivity solutions. Telenor Connexion has announced the next step in the company's evolution - a strategic deal with Ericsson where Ericsson acquires the advanced M2M platform in order to allow
May 21, 2012 Read time: 2 mins
Having been an early pioneer in the M2M market in automotive, security and smart metering industries, 955 Telenor Connexion developed an advanced M2M dedicated platform in 2009. This platform and managed M2M solutions were subsequently chosen by companies such as 564 Omron, 838 Nissan, 1692 TomTom, and 213 Qualcomm for their embedded connectivity solutions. Telenor Connexion has announced the next step in the company’s evolution - a strategic deal with 5650 Ericsson where Ericsson acquires the advanced M2M platform in order to allow for larger economies of scale.

Telenor Connexion says this aggressive move allows it to free up resources allowing for focus on fulfilling customers’ needs rather than concentrating on the day to day operations of an M2M platform. Less emphasis will be placed on the base systems and more resources will become engaged in developing new value added services per vertical market, improving and customising products, as well as utilising partnerships to complement the M2M development.

“The new direction will enable us to deliver market-making services faster to our rapidly growing customer base,” said Per Simonsen, CEO. “Telenor Connexion has designed and deployed the best in class M2M platform, thereby making it attractive to a company like Ericsson to leverage for their own M2M initiatives. We believe that our increased focus on value added services will address the multiple demands of our customers and allow us to retain our competitive edge. With this strategic development, we will further strengthen our position as the leading provider of premium M2M solutions. It is also a way to continue to differentiate ourselves in the market,” Simonsen added.
Location Based Systems

For more information on companies in this article

Related Content

  • Travel information is heading towards smartphones
    January 30, 2012
    Travel information services are undergoing a step change as rapid increase in sales of smartphones brings ITS technology to consumers' fingertips. A virtuous circle of expanding capability is under way in traffic and travel information services, promising much for drivers and reduction of road congestion. A recent rapid rise in sales of smartphones has boosted numbers of vehicles carrying GPS enabled devices and so brought expansion of traffic data available for analysis and dissemination. Greater numbers o
    Read More
  • Vision technology: the future in focus
    November 23, 2018
    Just a few years ago, terms such as ‘embedded’ and ‘polarisation’ were buzzwords. But now they are real and present examples of vision technology in action – and, Adam Hill finds, the ITS industry is waking up to a number of possible applications Every aspect of the intelligent transportation systems industry moves quickly – but developments in camera technology change with a rapidity which can appear quite bewildering. And with ITS providers constantly searching for an edge against fierce competitio
    Read More
  • Smarter mapping makes for more informed decisions
    December 2, 2016
    Following his keynote presentation at the 2016 ITS World Congress in Melbourne, ITS International caught up with Esri founder Jack Dangermond. It is getting close to half a century ago that Jack Dangermond and his wife Laura founded the Environmental Research Systems Institute – known today as Esri - of which he remains president.
    Read More
  • Adopting universal technology platforms for tolling
    July 16, 2012
    Dave Marples of Technolution argues that the continuing development of tolling-specific onboard equipment is leading us up a blind alley. We should, he says, be looking to realise universal platforms with universal application. The near-future automobile contains information systems of a sophistication to rival a jet airliner of only a few years ago, yet is 'piloted' by a considerably less well-trained individual of highly variable mental and physical capacity, and operated in a hostile, unpredictable and p
    Read More

Highlighted Content