Correspondent, Toronto, Canada
Alastair's Feed
Jun 19, 2012
Jun 19, 2012
Jun 18, 2012
Jun 18, 2012
Jun 18, 2012
Jun 18, 2012
Jun 18, 2012

Sierra Wireless expands M2M business with purchase

TORONTO, June 18 (Reuters) – Canada’s Sierra Wireless
is moving to cement its business of connecting
devices to each other with the planned purchase of
machine-to-machine (M2M) assets from France’s Sagemcom.

The Vancouver-based company said it would pay 44.9 million
euros ($56.5 million) for the acquisition, which will add
customers in railway signaling and automated highway tolls and
give it access to the booming Brazilian economy’s sales and
payment market.
Jun 18, 2012
Jun 18, 2012
Jun 18, 2012
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    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Hometown:
      Melbourne, Australia
      Joined Reuters:
      2007
      Languages:
      English, Arabic

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