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