{"id":83871,"date":"2011-12-06T20:14:03","date_gmt":"2011-12-06T12:14:03","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/tellular-to-acquire-skybitz\/"},"modified":"2011-12-06T20:14:03","modified_gmt":"2011-12-06T12:14:03","slug":"tellular-to-acquire-skybitz","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/tellular-to-acquire-skybitz\/","title":{"rendered":"Tellular to Acquire SkyBitz"},"content":{"rendered":"<p>[12-06-11] <b>Tellular <\/b>is acquiring <b>SkyBitz<\/b>, a 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 company announced Dec. 5.<br \/>\n&nbsp;&nbsp;&nbsp; Tellular has signed a definitive merger agreement, and the deal is subject to regulatory approval. The deal is expected to close in the next two to three months and is valued at approximately $42 million.<br \/>\n&nbsp;&nbsp;&nbsp; SkyBitz\u2019s Global Locating System (GLS) satellite-based technology provides real-time visibility of many asset types. SkyBitz addresses a multi-billion dollar market opportunity by reducing operating costs, increasing efficiency and aiding in the compliance with regulatory requirements across an increasingly complex set of supply chains and business ecosystems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[12-06-11] Tellular is acquiring SkyBitz, a 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 company announced Dec. 5. &nbsp;&nbsp;&nbsp; Tellular has signed a definitive merger agreement, and the deal is subject to regulatory approval. The deal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-83871","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/83871"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=83871"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/83871\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=83871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=83871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=83871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}