Sierra Wireless

Sierra Wireless Announces Results of Annual Shareholders’ Meeting and Appointment of New Directors

Saturday, May 23, 2020 - 2:52am

Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy.

Key Points: 

Sierra Wireless Provides Further Update on Proposed Board Composition and 2020 Management Information Circular

Thursday, May 7, 2020 - 1:08am

Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today provided a further update on the proposed Board composition and 2020 Management Information Circular (the Circular).

Key Points: 
  • Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today provided a further update on the proposed Board composition and 2020 Management Information Circular (the Circular).
  • The Company advised in the Circular that, subject to the approval of the Board Expansion Resolution, the Board of Directors of the Company would appoint three additional independent directors.
  • As set out in the Companys press release dated May 4, 2020, certain updates were made regarding the anticipated appointees.
  • Sierra Wireless is a registered trademark of Sierra Wireless.

Sierra Wireless Provides Update on Proposed Board Composition and 2020 Management Information Circular

Monday, May 4, 2020 - 10:01pm

Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today provided an update on the proposed Board composition and 2020 Management Information Circular (the Circular).

Key Points: 
  • Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today provided an update on the proposed Board composition and 2020 Management Information Circular (the Circular).
  • The Company will provide an update in advance of the Meeting if an additional candidate is to be put forward.
  • Sierra Wireless has more than 1,300 employees globally and operates R&D centers in North America, Europe and Asia.
  • Sierra Wireless is a registered trademark of Sierra Wireless.

4th Edition of the POS Terminals and Wireless M2M Market Report - Updated In-depth Profiles of Key Players - ResearchAndMarkets.com

Friday, May 1, 2020 - 4:31pm

The "POS Terminals and Wireless M2M - 4th Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "POS Terminals and Wireless M2M - 4th Edition" report has been added to ResearchAndMarkets.com's offering.
  • As a part of this evolution, POS terminals are becoming more and more common in all parts of the world.
  • Cellular connectivity has become a very popular option for POS terminals and was incorporated in 44 percent of the devices shipped in 2019.
  • This research report answers the following questions:
    What is the potential market size for wireless M2M communication in the retail industry?

Sierra Wireless to Report First Quarter 2020 Results on May 7th

Monday, April 27, 2020 - 2:00pm

Sierra Wireless (NASDAQ: SWIR) (TSX: SW) will release financial results for the first quarter ended March 31, 2020, after market close on Thursday, May 7, 2020.

Key Points: 
  • Sierra Wireless (NASDAQ: SWIR) (TSX: SW) will release financial results for the first quarter ended March 31, 2020, after market close on Thursday, May 7, 2020.
  • Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy.
  • Sierra Wireless has more than 1,300 employees globally and operates R&D centers in North America, Europe and Asia.
  • Connect with Sierra Wireless on the IoT Blog at http://www.sierrawireless.com/iot-blog , on Twitter at @SierraWireless, on LinkedIn at http://www.linkedin.com/company/sierra-wireless and on YouTube at http://www.youtube.com/SierraWireless .

Sierra Wireless Reaches Agreement With Lion Point Capital

Thursday, April 16, 2020 - 9:38pm

Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today announced that it has entered into an agreement with Lion Point Capital, LP ("Lion Point"), an investment firm which holds approximately 9.4 percent of Sierra Wireless total shares outstanding, regarding the membership and composition of the Sierra Wireless Board of Directors (the Board) and its committees, as well as certain customary standstill restrictions.

Key Points: 
  • Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today announced that it has entered into an agreement with Lion Point Capital, LP ("Lion Point"), an investment firm which holds approximately 9.4 percent of Sierra Wireless total shares outstanding, regarding the membership and composition of the Sierra Wireless Board of Directors (the Board) and its committees, as well as certain customary standstill restrictions.
  • Didric Cederholm, Chief Investment Officer of Lion Point Capital, said, We are pleased that we could work constructively with Sierra Wireless Board to reach this agreement to strengthen the Board with new highly qualified and experienced independent directors who have an outstanding track record of value creation.
  • We believe Sierra Wireless core technology and unique position in the IoT space have significant value overlooked by the public markets.
  • Sierra Wireless is a registered trademark of Sierra Wireless.

Sierra Wireless Appoints Samuel Cochrane as Chief Financial Officer

Monday, April 13, 2020 - 9:05pm

Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today announced that Samuel Cochrane will join as Chief Financial Officer starting May 6th.

Key Points: 
  • Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today announced that Samuel Cochrane will join as Chief Financial Officer starting May 6th.
  • I am excited to join the Sierra Wireless team and contribute to building the leading global IoT solutions company, said Mr. Cochrane.
  • Sierra Wireless has more than 1,300 employees globally and operates R&D centers in North America, Europe and Asia.
  • Sierra Wireless is a registered trademark of Sierra Wireless.

Sierra Wireless Appoints Greg Waters to Board of Directors

Monday, March 23, 2020 - 8:05pm

Gregs deep experience in business transformation in the semiconductor industry with IDT, Skyworks and Agere will be a great asset to Sierra Wireless as we continue our transformation to a solutions and services provider, said Robin Abrams, Board Chair, Sierra Wireless.

Key Points: 
  • Gregs deep experience in business transformation in the semiconductor industry with IDT, Skyworks and Agere will be a great asset to Sierra Wireless as we continue our transformation to a solutions and services provider, said Robin Abrams, Board Chair, Sierra Wireless.
  • Waters currently serves on the Board of Directors of Mellanox Technologies, Ltd. From 2014 to 2019, he was President, CEO and a member of the Board of Directors of Integrated Device Technology Inc., which was acquired by Renesas Electronics in April 2019.
  • Sierra Wireless is a tremendous value creation opportunity, and I look forward to joining the Board of Directors to share my business transformation and leadership experience, said Mr.
  • Sierra Wireless is a registered trademark of Sierra Wireless.

Liveable Cities Selects Sierra Wireless LPWA Solution for Smart City Applications

Wednesday, March 11, 2020 - 8:05pm

Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today announced that Liveable Cities , a division of Canada-based LED Roadway Lighting, has selected Sierra Wireless LPWA solution to enable smart city applications.

Key Points: 
  • Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today announced that Liveable Cities , a division of Canada-based LED Roadway Lighting, has selected Sierra Wireless LPWA solution to enable smart city applications.
  • The Sierra Wireless LPWA solution connects sensors integrated in the Luminaire streetlight or TSP platform and securely transmits speed, pollution and noise data over cellular networks to Liveable Cities SMARTLINX cloud platform for analysis.
  • Ross Gray, VP, Product Management, Sierra Wireless said: Liveable Cities is making smart city applications practical and accessible by allowing communities to leverage their existing streetlighting infrastructure.
  • Sierra Wireless LPWA solution provides the secure, reliable device-to-cloud connectivity needed for cost-effective smart city solutions.

Sierra Wireless Extends Leadership in Mobile Broadband with Enhanced 5G/4G Embedded Module Portfolio

Monday, February 24, 2020 - 2:00pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200224005368/en/
    Sierra Wireless 5G/4GMobile Broadband Embedded Modules (Photo: Business Wire)
    Jason Krause, COO, Sierra Wireless, said: Sierra Wireless mission is to enable digital transformation across industries worldwide and drive trends from robotics to video streaming to Industry 4.0 applications.
  • As the leader in embedded modules, this significant investment in 5G and 4G LTE solutions reaffirms our commitment to the Embedded Broadband market and long-term Sierra Wireless customers, such as Cisco, Cradlepoint, and Panasonic.
  • The new EM/MC74x1 Cat-7 modules are a secure and cost-effective alternative to existing Sierra Wireless EM/MC745x Cat-6 modules.
  • Sierra Wireless 4G LTE modules based on the Snapdragon X16 LTE modem will sample in Q2 2020, with general availability expected in Q3.