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Caterpillar (NYSE:CAT): Current price $96.79
CalAmp Corp. (NASDAQ:CAMP) has reached a development accord with Caterpillar to supply the latter with ruggedized wireless routers that will allow crucial data communications for equipment deployed worldwide. Through the terms, CalAmp is providing a customized version of its powerful Vanguard mobile wireless broadband router for multi-carrier operation, on both CDMA and GSM networks globally, along with a satellite communication version of Vanguard for linking with Caterpillar equipment deployed in remote locations that have no cellular coverage.
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