Sierra Wireless

Global Remote Tank Monitoring Market Report 2022: Featuring Otodata, Anova, SkyBitz & Many More

Retrieved on: 
Monday, December 5, 2022

DUBLIN, Dec. 5, 2022 /PRNewswire/ -- The "The Global Remote Tank Monitoring Market - 5th Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 5, 2022 /PRNewswire/ -- The "The Global Remote Tank Monitoring Market - 5th Edition" report has been added to ResearchAndMarkets.com's offering.
  • The global installed base of active remote tank monitoring (RTM) solutions reached 6.2 million units at the end of 2021, according to the research report.
  • This report answers the following questions:
    What is the potential market size for remote tank monitoring applications?
  • The Global Remote Tank Monitoring Market is the foremost source of information about the adoption of connected tank level measurement devices in multiple market segments.

The Global Remote Tank Monitoring Market - 5th Edition - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 29, 2022

The "The Global Remote Tank Monitoring Market - 5th Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Global Remote Tank Monitoring Market - 5th Edition" report has been added to ResearchAndMarkets.com's offering.
  • The global installed base of active remote tank monitoring (RTM) solutions reached 6.2 million units at the end of 2021, according to the research report.
  • This report answers the following questions:
    What is the potential market size for remote tank monitoring applications?
  • The Global Remote Tank Monitoring Market is the foremost source of information about the adoption of connected tank level measurement devices in multiple market segments.

The Worldwide IoT in Retail Industry is Estimated to Reach $177.9 Billion by 2031

Retrieved on: 
Thursday, November 17, 2022

According to this report the IoT in retail market was valued at $28.14 billion in 2021, and is estimated to reach $177.90 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031.

Key Points: 
  • According to this report the IoT in retail market was valued at $28.14 billion in 2021, and is estimated to reach $177.90 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031.
  • IoT devices share the data that is collected by IoT sensors or other edge devices where data is sent to cloud server to be analyzed.
  • Use of IoT in the retail industry is closely related to GPS and RFID technologies that help brands track products throughout the entire supply chain process.
  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the iot in retail market analysis from 2021 to 2031 to identify the prevailing iot in retail market opportunities.

Global Connected Rail Market Report 2022 to 2027 - Open Gateway for Telecommunication Providers Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 3, 2022

The connected rail market is estimated to be USD 94.6 billion in 2022 and is projected to reach USD 124.5 billion by 2027, at a CAGR of 5.6%.

Key Points: 
  • The connected rail market is estimated to be USD 94.6 billion in 2022 and is projected to reach USD 124.5 billion by 2027, at a CAGR of 5.6%.
  • In addition, investment in rail digitalization to provide services such as passenger information, train tracks, and others would boost the market for the connected rail system.
  • The connected public transportation also provides efficient traffic management and a convenient traveling experience, but the slow growth in developing countries would affect the overall growth of the connected rail market.
  • The increasing use of technology in railways presents several opportunities for connected rail technology manufacturers.

Sierra Wireless to Report Third Quarter 2022 Results on November 10th

Retrieved on: 
Thursday, October 20, 2022

Sierra Wireless (NASDAQ: SWIR) (TSX: SW) will release financial results for the Third Quarter ended September 30, 2022, on Thursday, November 10, 2022.

Key Points: 
  • Sierra Wireless (NASDAQ: SWIR) (TSX: SW) will release financial results for the Third Quarter ended September 30, 2022, on Thursday, November 10, 2022.
  • Sierra Wireless will not be hosting a conference call or webcast to review the results.
  • Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is a world leading IoT solutions provider that combines devices, network services, and software to unlock value in the connected economy.
  • Sierra Wireless is a registered trademark of Sierra Wireless, Inc. Other product or service names mentioned herein may be the trademarks of their respective owners.

Semtech Corporation and Sierra Wireless Receive Second Requests from DOJ Under Hart-Scott-Rodino Act

Retrieved on: 
Tuesday, October 18, 2022

The second requests were issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the HSR Act).

Key Points: 
  • The second requests were issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the HSR Act).
  • View the full release here: https://www.businesswire.com/news/home/20221018005599/en/
    Issuance of the second requests extends the waiting period under the HSR Act until 30 days after Semtech and Sierra Wireless have substantially complied with the second requests, unless that period is extended voluntarily by the parties or otherwise terminated by the DOJ.
  • Semtech and Sierra Wireless believe the transaction will benefit customers of both companies and are cooperating fully with the DOJ in order to facilitate its review.
  • Semtech and Sierra Wireless look forward to continuing to work with the DOJ to resolve their open questions and bring their review to a close.

Semtech Corporation Announces Upsize and Pricing of Private Offering of $300 Million of New Convertible Senior Notes

Retrieved on: 
Friday, October 7, 2022

Semtech Corporation (Nasdaq: SMTC) (the Company or Semtech) today announced the pricing of its private offering of $300 million in aggregate principal amount of its 1.625% convertible senior notes due 2027 (the Notes) in a private placement (the Offering) to eligible purchasers under Rule 144A of the Securities Act of 1933, as amended (the Securities Act).

Key Points: 
  • Semtech Corporation (Nasdaq: SMTC) (the Company or Semtech) today announced the pricing of its private offering of $300 million in aggregate principal amount of its 1.625% convertible senior notes due 2027 (the Notes) in a private placement (the Offering) to eligible purchasers under Rule 144A of the Securities Act of 1933, as amended (the Securities Act).
  • The Offering was upsized from the previously announced offering of $250 million aggregate principal amount of Notes.
  • The Notes will mature on November 1, 2027 unless earlier converted, redeemed or repurchased.
  • In connection with the pricing of the Notes, Semtech entered into convertible note hedge transactions with an affiliate of one of the initial purchasers of the Notes and another financial institution (the option counterparties).

Semtech Corporation Announces Proposed Private Offering of $250 Million of Convertible Senior Notes

Retrieved on: 
Thursday, October 6, 2022

Semtech Corporation (Nasdaq: SMTC) (the Company or Semtech) today announced that, subject to market conditions, it intends to offer $250 million in aggregate principal amount of convertible senior notes due 2027 (the Notes) in a private placement (the Offering) to eligible purchasers under Rule 144A of the Securities Act of 1933, as amended (the Securities Act).

Key Points: 
  • Semtech Corporation (Nasdaq: SMTC) (the Company or Semtech) today announced that, subject to market conditions, it intends to offer $250 million in aggregate principal amount of convertible senior notes due 2027 (the Notes) in a private placement (the Offering) to eligible purchasers under Rule 144A of the Securities Act of 1933, as amended (the Securities Act).
  • The Notes will be senior, unsecured obligations of Semtech, and will accrue interest payable semiannually in arrears.
  • The interest rate, the initial conversion rate and other terms of the Notes will be determined at the time of pricing of the Offering.
  • No assurance can be made that the Offering will be consummated on its proposed terms or at all.

Ikotek Expands Executive Management Team to Continue Rapid Growth of Its ODM Services Across North America and EMEA Regions

Retrieved on: 
Thursday, September 29, 2022

Ikotek, the leading IoT original design manufacturer (ODM) and electronics manufacturing service (EMS) provider, is announcing expansion of its executive management team with industry veterans and continue their aggressive growth plans for the company.

Key Points: 
  • Ikotek, the leading IoT original design manufacturer (ODM) and electronics manufacturing service (EMS) provider, is announcing expansion of its executive management team with industry veterans and continue their aggressive growth plans for the company.
  • Recent additions to the US-based executive management team include:
    Bill Leunis, the Vice President of Finance, who brings extensive experience in finance, operations and general management in manufacturing and EMS organizations.
  • Steve Burrington, the Head of North America Engineering, is a 25-year veteran of large and medium-sized wireless product development teams.
  • To help manage growth, commercial excellence and new customers, Im thrilled to welcome these three leading IoT and ODM capacities to our management team.

Sierra Wireless Securityholders Approve Acquisition by Semtech Corporation

Retrieved on: 
Wednesday, September 28, 2022

Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) (Sierra Wireless or the Company) is pleased to announce that its Securityholders (as defined below) have approved the acquisition of all of the outstanding shares of the Company (the Shares) by 13548597 Canada Inc., a wholly-owned subsidiary of Semtech Corporation (Semtech) by way of a statutory plan of arrangement (the Transaction or the Arrangement) at the special meeting of Securityholders held today (the Meeting).

Key Points: 
  • Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) (Sierra Wireless or the Company) is pleased to announce that its Securityholders (as defined below) have approved the acquisition of all of the outstanding shares of the Company (the Shares) by 13548597 Canada Inc., a wholly-owned subsidiary of Semtech Corporation (Semtech) by way of a statutory plan of arrangement (the Transaction or the Arrangement) at the special meeting of Securityholders held today (the Meeting).
  • Sierra Wireless (Nasdaq: SWIR) (TSX: SW) is a world leading IoT solutions provider that combines devices, network services, and software to unlock value in the connected economy.
  • With more than 25 years of cellular IoT experience, Sierra Wireless is a global partner customers trust to deliver them their next IoT solution.
  • Semtech Corporation is a leading global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment.