Novatel Wireless Gets M2M Win

San Diego-based wireless module developer Novatel Wireless reported a design win today for its M2M modules. According to Novatel, it is providing its modules to Capstone Metering, a Texas-based technology company, to power a water meter solution. The water meter will include ability to send data over the Verizon CDMA network, for remote reading of water usage. Shipment volumes and financial impact of the win was not announced.