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Stock Market & Financial Investment News

News Breaks
February 5, 2013
09:10 EDTCAMP, CATCalAmp signs agreement with Caterpillar to supply M2M wireless communications
CalAmp Corp. (CAMP) has entered into a development agreement with Caterpillar (CAT) to Caterpillar with ruggedized wireless routers that will enable vital data communications for equipment deployed around the globe. Under the agreement, CalAmp is providing a customized version of its powerful Vanguard mobile wireless broadband router for multi-carrier operation on both CDMA and GSM networks around the world, as well as a satellite communication version of Vanguard for connecting with Caterpillar equipment deployed in remote locations without cellular coverage.
News For CAMP;CAT From The Last 14 Days
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February 5, 2016
06:23 EDTCAT20 companies make alliance to keep down healthcare costs, WSJ says
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February 4, 2016
15:59 EDTCATOptions Update; February 4, 2016
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February 1, 2016
16:11 EDTCAMPCalAmp to acquire LoJack for $6.45 per share
CalAmp (CAMP) and LoJack (LOJN) announced that the companies have entered into a definitive agreement pursuant to which CalAmp will acquire all of the outstanding shares of common stock of LoJack for $6.45 per share in an all cash transaction valued at approximately $134 million. This transaction has been unanimously approved by both companies' Boards of Directors. The transaction is expected to close during CalAmp's fiscal 2017 first quarter, subject to customary closing conditions, including regulatory approvals and the tender of a number of LoJack shares that, together with other shares owned or to be acquired by CalAmp and its subsidiaries, represent at least two thirds of the total number of LoJack's outstanding shares. CalAmp will fund the acquisition with existing cash on hand.

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