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TMCNet:  Airbiquity hires executive vice president of corporate development

[January 04, 2013]

Airbiquity hires executive vice president of corporate development

Jan 04, 2013 (Datamonitor via COMTEX) -- Airbiquity Inc., a provider of wireless connected vehicle services, has hired Yusuf Nahmiyas as company's executive vice president of corporate development.

As a key member of Airbiquity's executive management team, Mr Nahmiyas will be responsible for identifying new growth opportunities, leading the evaluation of such opportunities, and assisting the strategic growth of the company's business.

Mr Nahmiyas has an extensive background in the identification, pursuit, and execution of strategic initiatives for emerging high-growth companies as well as mature large enterprises. He comes to Airbiquity following a 17-year investment banking career specializing in the technology, media, and telecom (TMT) verticals. He has led an extensive array of merger, acquisition, divestiture, joint venture, minority investment, recapitalization, and sale transactions as well as conducting strategic reviews for TMT companies.

"Airbiquity is extremely pleased to welcome Yusuf Nahmiyas to our company," said Kamyar Moinzadeh, president and CEO, Airbiquity. "The machine-to-machine market is evolving rapidly, as is our core connected vehicle market. The ecosystems that create connected services are becoming more complex as well, now including software companies, systems integrators, mobile network operators, and other established companies.

"Airbiquity intends to continue to play a central role in the machine-to-machine market, and Yusuf's experience in identifying new business opportunities, as well as strategic partnerships, is well-suited for these dynamic market conditions." Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

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