T-Mobile Venture Fund Buys Siemens Wireless Module Arm.

"Deutsche Telekom's venture capital arm T-Mobile Venture Fund and private equity investor Granville Baird announced the planned acquisition of Siemens' Wireless Modules business... Siemens Wireless Modules, earlier part of the Siemens Sensors and Communication business, develops and markets mobile communications modules for the machine-to-machine communications market. The products are used in automatic meter readouts, building monitoring, transport logistics systems, payment systems, remote maintenance, and automotive communication."