Enfora

Novatel Wireless To Acquire Enfora For Up To $70 Million

Wireless broadband solutions provider Novatel Wireless has agreed to acquire Enfora, a privately-held provider of wireless asset-management solutions and machine-to-machine (M2M) communications, for approximately $64.5 million in cash. The purchase price includes the pay down of all debt. Additional consideration of up to $6 million, depending on certain performance targets being met, is also… Read More