Velocita Wireless to Acquire Skytel From Bell Industries

Velocita Wireless, a supplier of network data services for machine-to-machine (M2M) solutions, has entered into a definitive agreement to purchase SkyTel from Bell Industries for a total consideration of $8 million.

Velocita Wireless operates a nationwide Mobitex wireless data network covering 93 percent of the US business population that offers M2M data communication solutions, including AVL/telematics, point-of-sale, location-based services and telemetry to the transportation, retail, security and energy markets. SkyTel operates a nationwide network that offers data and messaging solutions, including M2M telemetry, two-way messaging and traditional text and numeric paging, to business and government customers.