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Posts Tagged ‘Sierra Wireless’

Strategy Analytics: Axeda leads M2M Application Development Platform (ADP) Market

Strategy Analytics: Axeda leads M2M Application Development Platform (ADP) Market

Sierra Wireless, ILS Technology and ThingWorx also companies to watch. Axeda is ranked as the leading machine-to-machine (M2M) Application Development Platform (ADP) vendor in a new Competitive Assessment released by Strategy Analytics, "M2M Application Development Platforms (ADP): Competitive Vendor Assessment." Its highly scalable, flexible and rich application development platform as well as its extensive ecosystem of partners and numerous cross-industry deployments in multiple markets, underpinned by consultancy and integration services [...]

Sierra Wireless Reports First Quarter 2013 Results

Sierra Wireless Reports First Quarter 2013 Results

First quarter 2013 revenue of $101.4 million, up 9.8%, year-over-year | Non-GAAP loss from operations of $1.4 million, compared to a loss of $2.8 million a year ago | Non-GAAP net loss from continuing operations of $0.7 million and loss per share of $0.02, compared to non-GAAP net loss of $2.8 million a year ago and loss per share of $0.09 Sierra Wireless, Inc. today reported first quarter 2013 results. All results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles (GAAP), [...]

Sierra Wireless Introduces a Compact 3G Wireless Gateway for Industrial, Enterprise, and Transportation Applications

Sierra Wireless Introduces a Compact 3G Wireless Gateway for Industrial, Enterprise, and Transportation Applications

AirLink® LS300 intelligent gateway is quick to deploy, simple to manage, and stands up for years in the harshest environments. Sierra Wireless today announced the launch of the AirLink® LS300 intelligent gateway, the all-in-one successor to the market-leading AirLink Raven line of rugged gateways. AirLink Raven, Raven X, and Raven XE gateways have been successfully integrated into a wide variety of M2M deployments, enabling customers to do everything from monitoring soil conditions in vineyards or vibrations in historic buildings, to [...]

Sierra Wireless Completes Sale of AirCard® Assets and Operations

Sierra Wireless Completes Sale of AirCard® Assets and Operations

Transaction enables Sierra Wireless to accelerate growth of machine-to-machine (M2M) business. Sierra Wireless, Inc. today announced it has completed the sale of substantially all of the assets and operations related to its AirCard® business to NETGEAR®, Inc. for $138 million in cash plus approximately $5.9 million in assumed liabilities. The transaction was first announced on January 28, 2013. Sierra Wireless’s retained business includes its AirPrime™ embedded wireless modules, AirLink® intelligent gateways, and AirVantage™ M2M [...]

Sierra Wireless Teams up with MedStartr to Power Machine-to-Machine Innovation in Healthcare

Sierra Wireless Teams up with MedStartr to Power Machine-to-Machine Innovation in Healthcare

As exclusive wireless communications technology sponsor, Sierra Wireless offers healthcare startups innovative solutions for integrating wireless connectivity into new devices and applications to improve patient care. Sierra Wireless today announced a sponsorship program with MedStartr, the first crowdfunding platform created to fund healthcare projects, startups, and innovations that help people live longer, healthier lives. As an exclusive sponsor, Sierra Wireless is the preferred provider of wireless communications technology for MedStartr [...]

Sierra Wireless Introduces Industry’s Most Advanced Architecture for Embedded Wireless Communications in M2M

Sierra Wireless Introduces Industry’s Most Advanced Architecture for Embedded Wireless Communications in M2M

Next generation AirPrime™ modules first in the world to combine a powerful multicore processor, secure cloud services, and open application framework to offer an entire M2M ecosystem on a module Sierra Wireless, the global leader in machine-to-machine (M2M) and connected device solutions, today introduced the industry’s most advanced architecture for embedded wireless communications, designed to vastly simplify and accelerate the development and deployment of M2M solutions. The architecture will be available across 2G to 4G technologies [...]

Sierra Wireless Reports Fourth Quarter and Full Year 2012 Results

Sierra Wireless Reports Fourth Quarter and Full Year 2012 Results

4th Quarter 2012: Total revenue of $163.8 million and non-GAAP net earnings of $10.3 million | Revenue from continuing operations of $109.4 million, 32.8 percent year-over-year growth, and non-GAAP operating earnings from continuing operations of $3.7 million Full Year 2012: Total revenue of $644.2 million and non-GAAP net earnings of $33.4 million | Revenue from continuing operations of $397.3 million, 19.3 percent year-over-year growth, and non-GAAP operating earnings from continuing operations of $0.9 million. Sierra Wireless, Inc. [...]

Sierra Wireless Enters into Agreement to Sell Assets of AirCard® Business to NETGEAR

Sierra Wireless Enters into Agreement to Sell Assets of AirCard® Business to NETGEAR

Expected net cash proceeds of approximately $100 million USD | Transaction enables Sierra Wireless to accelerate growth of machine-to-machine (M2M) business | Company provides preliminary fourth quarter and full year 2012 financial highlights. Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today announced it has executed a definitive agreement for the sale of substantially all of the assets and operations related to its AirCard® business to NETGEAR®, Inc. (NASDAQGM: NTGR) for $138 million in cash plus approximately $6.5 million in assumed [...]

Sierra Wireless Extends 4G Leadership with Introduction of Second Generation of LTE Embedded Modules

Sierra Wireless Extends 4G Leadership with Introduction of Second Generation of LTE Embedded Modules

New ultrathin form factor, Windows® 8 compatibility, and multi-operator LTE support make the newest AirPrime™ MC and EM Series embedded wireless modules ideal for integration into the latest notebooks, ultraportable notebooks, and tablets. Sierra Wireless (NASDAQ: SWIR) (TSX: SW) today introduced its second generation of 4G LTE AirPrime™ embedded wireless modules for notebooks, ultraportable notebooks, and tablets. The six new additions to the AirPrime EM Series and MC Series support 4G LTE networks worldwide and are compatible with [...]

Sierra Wireless third quarter 2012 results

Sierra Wireless third quarter 2012 results

Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) recently reported third quarter 2012 results + Revenue in the third quarter 2012 of $162.6 million, 10.8 percent year-over-year growth + Non-GAAP earnings from operations of $8.3 million, up from $4.0 million in the third quarter of 2011 + Non-GAAP net earnings of $8.8 million, or $0.28 per diluted share, up from net earnings of $4.6 million, or $0.15 per diluted share in the third quarter of 2011 All results are reported in U.S. dollars and are prepared in accordance with United States [...]

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