Spotlight: RACO Wireless acquires Position Logic

RACO can now provide tracking, monitoring services for M2M customers
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RACO Wireless, a machine-to-machine communications provider, has acquired Position Logic, a location-based services provider, for an undisclosed consideration. Position Logic's services allow M2M providers to offer enterprises a way to track and manage assets through a scalable, web-based platform, RACO explained in a release. RACO President John Horn told FierceMobileIT that there will be no layoffs as a result of the acquisition. "Our clients have asked us over the years for applications support. We will now be able to give them that support," Horn said. Read more