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Sierra Wireless expands into M2M connectivity services with...

2014-12-22 14:56:11| Telecom - Topix.net

Sierra Wireless agrees to acquire Sweden-based Wireless Maingate for $90 million; expanding its position in the M2M value chain with the addition of wireless connectivity and value-added services for European customers VANCOUVER, British Columbia & KARLSKRONA, Sweden-- -- Sierra Wireless and Wireless Maingate AB , a Sweden-based provider of machine-to-machine connectivity and data management services, today announced that Sierra Wireless has entered into a definitive agreement to acquire Maingate for US $90 million in cash. The transaction is expected to close in February 2015.

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Category:Telecommunications

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