Sierra Wireless and Wavecom Merger Announced

Thursday, Dec 04, 2008

Sierra Wireless, Inc., provider of wireless modems for mobile computing, and Wavecom S.A., provider of embedded wireless technology for M2M (machine-to-machine) communication, announced that the companies have reached a Memorandum of Understanding providing for a business combination.

""Sierra Wireless and Wavecom are a natural match. The two companies share similar histories and a common culture of innovation and technology leadership in wireless data. Joining with Sierra Wireless is a unique opportunity for Wavecom, its customers and employees. Together, the companies are well positioned to provide the most competitive solutions in the market and to become a global leader in wireless data,"" said Ronald Black, CEO, Wavecom.