sapphire has its place on camera lenses, the phone home button, and watch faces. You don't want those to scratch. GLW also makes sapphire BTW
sapphire is better for scratches. Gorilla glass is better in a drop test. Sapphire is more expensive, heavier, allows less light to escape so is therefore erodes battery life, and is more expensive. But, it is better for scratches as it is harder to scratch
reasons why it won't be IDSY: lots of hiring going on in that division + just hired Norm Ellis.
Skybitz uses Iridium, IDSY uses ORBC.
At $70M, that is basically the market cap of IDSY.
The $10M acquisition loan can be anyone. Maybe Spireon? The $70M loan can only be 2 TMS companies; Skybitz or IDSY's AI division. IDSY bought AI from GE 3 1/2 years ago for $16M. Skybitz was bought by Telular for about $40M 1 year after that, Telular was then bought by a PE firm. IDSY uses ORBC, Skybitz uses Iridium. I think the IDSY division is a better fit.
Either way, it would push ORBC into the #1 TMS firm.
Last time they did this they bought a competitor to our TMS division. Hopefully they buy AI this time. Win/win for both companies. IDSY makes a huge profit on AI and can concentrate on VMS. They can use their tax loss and sell AI for no tax.
ORBC moves right into #2 or #1 in the TMS area. Secures their satellites used by IDSY as IDSY has been moving into lower cost cellular. They gain WalMart as a customer.
Maybe they buy the TMS division of IDSY. Good for both companies. IDSY concentrates on its core VMS system. ORBC becomes the #2 in TMS. Gains WalMart as a customer. Stops IDSY from switching from ORBC satellite to cellular.
Last time they did one of these loans, they bought a company within 30 days
The installed base of active cargo tracking units will reach 4.1 million by 2018
Senior Analyst at Berg Insight
According to a new research report from the analyst firm Berg Insight, the number of active tracking devices deployed in cargo loading units including trailers, swap bodies, intermodal containers, air cargo containers, cargo boxes and pallets reached 1.5 million worldwide in Q4-2013. Growing at a compound annual growth rate (CAGR) of 22.3 percent, this number is expected to reach 4.1 million by 2018. The North American trailer telematics market accounts for 60 percent of the total installed base in this sector today.
The top providers in the North American trailer telematics market including Omnitracs, Skybitz, ID Systems, Orbcomm and Spireon together have an installed base of well over 600,000 active units today. In Europe, Idem Telematics, Mecomo, Schmitz Cargobull and Novacom Europe are major trailer telematics solution providers with over 20,000 active units each. Orbcomm, Envotech, Zenatech, PearTrack Systems, Honeywell and Savi Technology are major providers of intermodal container tracking solutions. OnAsset Intelligence and Moog are examples of actors which offer specialised solutions for real-time tracking of air freight cargo.
Technology advancements make it economically feasible to track ever smaller logistics units and in the future it will be commonplace to track not only trailers and shipping containers but also individual pallets and cargo boxes. “Logistics and transportation companies need to be ready to take advantage of the increasing amount of data generated by cargo tracking solutions in order to effectively improve productivity and customer service levels” said Johan Svanberg, Senior Analyst, Berg Insight. Regulations related to cargo transport have furthermore a significant impact on the market environment. Numerous countries worldwide have introduced regulations and programs related to cargo security, tax collect