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Posts Tagged ‘Sierra Wireless’

Sierra Wireless Celebrates Shipment of Its 100 Millionth Connected Device

Sierra Wireless Celebrates Shipment of Its 100 Millionth Connected Device

Since launching the world’s first cellular embedded module in 1997, Sierra Wireless has shipped over 100 million devices to connect the Internet of Things. Sierra Wireless is celebrating a major achievement in the company’s history, having shipped over 100 million connected devices on more than 80 networks worldwide since it developed the world’s first embedded cellular module in 1997. Jason Cohenour, President and CEO of Sierra Wireless, said: “Providing innovative wireless solutions that connect the Internet of Things has been [...]

Third Generation 4G LTE Module from Sierra Wireless Now Certified for Verizon Wireless 4G LTE Network

Third Generation 4G LTE Module from Sierra Wireless Now Certified for Verizon Wireless 4G LTE Network

Latest AirPrime® embedded wireless module supports OEMs connecting tablets, laptops, and other devices to the Internet of Things. Sierra Wireless today announced that the Sierra Wireless AirPrime EM7345 embedded wireless module is now certified to operate on the Verizon Wireless 4G LTE network. This is part of the third generation of 4G LTE modules from Sierra Wireless, which first launched embedded modules on the Verizon Wireless 4G LTE network three years ago. The Verizon Wireless 4G LTE network is the largest in the U.S., available to [...]

Sierra Wireless Reports Second Quarter 2014 Results

Sierra Wireless Reports Second Quarter 2014 Results

Record revenue of $135.0 million; 23% year-over-year growth. Second Quarter 2014 highlights: ++ Record revenue of $135.0 million, an increase of 23.2% compared to Q2 2013 ++ Non-GAAP earnings from operations of $3.7 million, an increase of 149%, compared to $1.5 million in Q2 2013 ++ Non-GAAP EPS of $0.08, an increase of 167%, compared to $0.03 in Q2 2013 Sierra Wireless, Inc. today reported results for its second quarter ending June 30, 2014. All results are reported in U.S. dollars and are prepared in accordance with United States [...]

Cubic Telecom secures $5M investment from Qualcomm and Sierra Wireless and launches new funding round to secure additional $15M

Cubic Telecom secures $5M investment from Qualcomm and Sierra Wireless and launches new funding round to secure additional $15M

Cubic Telecom, the Irish High Tech start-up, has today announced that it has secured a combined $5 million investment from Qualcomm Inc, the world’s leading provider of wireless technology and services, and Sierra Wireless, Inc. the global leader in machine-to-machine (M2M) devices and cloud services. Added to earlier financing rounds, the $5M investment brings the company’s total investment to date to $15M. The company is also launching a new funding round to secure a further $15M from potential investors. Cubic Telecom is a [...]

Tight Race for Number Two M2M Cellular Module Vendor as Sierra Wireless Maintains Number 1 Position for 3rd Straight Year

Tight Race for Number Two M2M Cellular Module Vendor as Sierra Wireless Maintains Number 1 Position for 3rd Straight Year

In the latest analysis from ABI Research, Sierra Wireless has maintained the top revenue position for M2M cellular modules for the 3rd straight year. This is the second year in a row it has maintained the top shipment position. The Market Data package provides both revenue and shipment estimates by vendor for 2013 as well as market share history back to 2003. However, the number two position in terms of shipments is becoming a much tighter race. Among three vendors, the market share spread is only about 1%. Commenting on the data, [...]

Philips CityTouch Selects Sierra Wireless to Connect New Remote Lighting Management System for Smart Cities

Philips CityTouch Selects Sierra Wireless to Connect New Remote Lighting Management System for Smart Cities

AirPrime® HL Series modules to provide cellular connectivity for CityTouch Ready outdoor lighting fixtures. Sierra Wireless today announced that Philips CityTouch has selected Sierra Wireless AirPrime® embedded wireless modules to provide connectivity for the new CityTouch LightWave remote lighting management system. CityTouch LightWave is a new remote lighting management system that includes intelligent "plug and play" outdoor lighting fixtures. Cities worldwide can roll out the CityTouch system quickly and cheaply, using LED outdoor [...]

Sierra Wireless Reports First Quarter 2014 Results

Sierra Wireless Reports First Quarter 2014 Results

Record revenue of $121.2 million; 19.5% year-over-year growth. First Quarter 2014 highlights from continuing operations : ++ Record revenue of $121.2 million, an increase of 19.5% compared with Q1 2013 ++ Adjusted EBITDA of $4.1 million compared with $1.8 million in Q1 2013 ++ Non-GAAP earnings from operations of $0.7 million compared with a non-GAAP loss from operations of $1.4 million in Q1 2013 Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported results for its first quarter ending March 31, 2014. All results are reported [...]

Sierra Wireless and Tech Mahindra Sign Agreement to Provide Turnkey M2M Solutions Globally

Sierra Wireless and Tech Mahindra Sign Agreement to Provide Turnkey M2M Solutions Globally

Companies’ synergies bring best-in-class M2M solutions to key global markets such as energy, transportation, industrial, and healthcare. Sierra Wireless and Tech Mahindra Ltd., a specialist provider of connected solutions, today announced they have signed a formal teaming agreement to work collaboratively to develop and deploy end-to-end M2M solutions for customers worldwide. The collaboration leverages Sierra Wireless device-to-cloud offerings and Tech Mahindra’s system integration and application development expertise to offer [...]

Sierra Wireless Introduces Legato™, A Powerful Linux-Based Platform for Embedded Application Development

Sierra Wireless Introduces Legato™, A Powerful Linux-Based Platform for Embedded Application Development

Open-source embedded platform built on Linux provides a head start for M2M developers, with pre-integrated and validated components that provide connectivity to any cloud, any network, and any peripheral. Sierra Wireless today introduced the Legato™ platform, an open source embedded platform built on Linux and designed to simplify the development of machine-to-machine (M2M) applications from the device to the cloud. Philippe Guillemette, Chief Technology Officer for Sierra Wireless said: “We expect millions of devices to be connected [...]

Sierra Wireless Reports Fourth Quarter and Full Year 2013 Results

Sierra Wireless Reports Fourth Quarter and Full Year 2013 Results

Sierra Wireless, Inc. today reported results for its fourth quarter and full year, ending December 31, 2013. All results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles (GAAP), except as otherwise indicated below. Q4 highlights from continuing operations: + Record revenue of $118.6 million, up 5.7% compared to Q3, 2013 + Adjusted EBITDA of $6.2 million, compared to $5.9 million in Q3, 2013 + Non-GAAP earnings from operations of $2.6 million, compared to $2.4 [...]

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