Going private: The IoT specialist Orbcomm agreed to be acquired by the U.S. investment firm GI Partners, valuing the company at $1.1 billion, Orbcomm said. The Nasdaq-listed firm, a global provider of Internet of Things (IoT) solutions, said it entered into a "definitive agreement" to be acquired, in an all-cash transaction, by GI Partners, a private investment firm based in San Francisco.
