30/08/2013

Qualcomm sells Omnitracs but buys Orb

Qualcomm the company that makes chips such the Snapdragon and Powerline electronics (after acquiring Atheros) has sold it's mobile tracking unit Omnitracs to Vista Equity Partners for $800m. Omnitracs makes vehicle tracking systems that are used for fleet tracking and other automotive solutions like for consumer insurance systems (i.e. the insurance company can track the user's driving behaviour).

Orb Networks offered the free media streaming service MyCast as well as Orb Live along with the Orb TV and Music MP-1 devices. These will all be discontinued. It's assumed Orb services will be integrated into the Atheros media and home automations lines (such as Powerline and other devices).