Quake Global, Inc., a global provider of satellite and terrestrial asset tracking and monitoring technology to the Machine to Machine (M2M) market, has acquired Washington D.C.-based ODIN Technologies, Inc.
ODIN is a major player in RFID software, service and solution development with more than 500 successful projects worldwide, 10 patents and more than $30 million invested in RFID software for the healthcare, government, aerospace and financial services markets.
Global corporations in 50 countries leverage ODIN’s patented RFID software to achieve accuracy, speed and visibility for their RFID deployments.
“The ODIN RFID acquisition is an important milestone toward achieving QUAKE’s goal of becoming the world’s foremost provider of innovative RF M2M technology hardware and services at all levels over the next few years,” said Polina Braunstein, CEO, QUAKE Global, in a statement.
“I believe that the merger of our resources and personnel will be highly synergistic and serve both companies well as we move together into an exciting future. Both QUAKE and ODIN have extensive proven experience in their given areas and this combination allows us both to gain access to complementary expertise that will be extremely useful in developing new markets as well as in expanding our current markets,” said Braunstein.
Braunstein said ODIN's underutilized ability to apply RFID technology to almost any industry, combined with QUAKE's established leadership in delivering satellite and terrestrial communications technology over a diversified array of platforms, will position QUAKE and ODIN to become major forces in the exploding M2M market.
Back in November, Quake Global announced that the QUAKE Q4000, a dual mode satellite/cellular data modem, would offer seamless integration with ORBCOMM’s (News - Alert) (News - Alert) new OG2/OG1 satellite network.
The OG2 generation of ORBCOMM satellites will offer many additional powerful features to its users. By completing this integration, QUAKE has confirmed that its Q4000 has the ability to switch operations seamlessly between the three modes of ORBCOMM’s first- and second-generation satellites and terrestrial networks.
This combination will enable customers to select the best communications path based on price, geography or coverage. Clients are now empowered to easily maximize the flexibility of the Q4000 software defined radio modem when it is strongly complemented by the elasticity of OG1/OG2 ORBCOMM network capabilities.
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Edited by Rachel Ramsey