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M2M specialist Telit Communications, headquartered in Trieste, is to open a new research center in Sardinia. The new site is co-financed by the Italian State that granted the company €11.4 million and a €14.1 million loan facility.
The new R&D center is located in Cagliari and is expected to hire about 100 engineers in the next couple of years. It will focus on developing advanced wireless M2M and multimedia applications.
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