improve efficiency, reduce energy usage and build a better working environment by using the iot to create smart commercial buildings. healthcare companies and service providers can rely on sierra wireless to unlock the exciting new benefits of the internet of medical things. each issue casts a spotlight on wireless applications, innovations and product offerings. sierra wireless simplifies the iot, delivering you the connectivity, modules, and router solutions you need to accelerate your data-driven transformation. respected professionals in their field, the sierra wireless leadership team has decades of m2m and iot experience. a stable, team-centered culture that attracts and retains some of the most talented professionals.
sierra wireless simplifies the iot, delivering you the connectivity, modules, and router solutions you need to accelerate your data-driven transformation. a broad portfolio of secure, high-performance embedded iot modules and solutions that deliver best-in-class capabilities to the cloud via 4g, 5g and lpwa cellular networks. our successful track record of pioneering wireless innovations such as the world’s first multi-network 5g vehicle router and m.2 5g module, in addition to our 5g connectivity services makes sierra wireless your trusted partner on the path to 5g. the xr series is 5g, wifi 6 and lte-pro capable and can deliver download speeds up to 4.14 gbps. our team of security experts not only help to build secure iot solutions at sierra, but are also active in security standards bodies such as the gsma and ctia. our design processes are based on best practices and developed with a deep knowledge of vulnerability points and how to address them. sierra wireless has been first-to-market with many innovations, including the world’s first 5g m.2 module and multi-network 5g vehicle router.
 sierra wireless is an internet of things (iot) solutions provider. sierra wireless products and technologies are used in a variety of markets and industries, including automotive and transportation, energy, field service, healthcare, industrial and infrastructure, mobile computing and consumers, networking, sales and payment, and security.  on march 6, 2007, the company announced its purchase of hayward, california-based airlink communications, a privately held developer of high-value fixed, portable, and mobile wireless data solutions. [buzzword] prior to the may 2007 completion of its sale to sierra wireless for a total of $27 million in cash and stock, airlink had reported $24.8 million in revenues and gross margin of 44 percent.  on august 1, 2012, the company announced it had completed its acquisition of sagemcom’s m2m business in a cash transaction of eur44.9 million plus assumed liabilities.
 on january 28, 2013, it was announced that sierra wireless had entered a definitive agreement to sell all assets and operations related to its aircard business to netgear, inc. for $138 million in cash plus approximately $6.5 million in assumed liabilities as of december 31, 2012.  in 2020, sierra wireless completed the acquisition of m2m group in australia for usd18.4 million and m2m one in new zealand for usd3.5 million. on november 18, 2020, sierra wireless announced completion of the sale of its automotive modules division to rolling wireless. sierra wireless is an active united way of the lower mainland supporter. upon completion of the original three-year term, the company extended its partnership with the university by establishing an endowed sierra wireless professorship in mobile communication.
sierra wireless has almost 30 years experience as a global leader in iot. our successful track record of pioneering wireless innovations such as the world’s sierra wireless is an internet of things (iot) solutions provider. the company sells mobile computing and machine-to-machine (m2m) communications products that new boundary technologies’ remoteaware™ iot application service now integrates with octave™, sierra wireless’ all-in-one edge-to-cloud solution, sierra wireless xr80, sierra wireless xr80, sierra wireless subsidiaries, sierra wireless airlink, sierra wireless investor relations.
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