Sunday, June 24, 2012

TMCnet's Machine-to-Machine Week in Review

- Alert) has proposed a serious bid to Sagemcom. “According to Sierra Wireless, it has submitted a binding offer to acquire substantially all of the assets of the business for $56.65 in cash consideration, plus assumed liabilities,” said Bindra.
Jason Cohenour, president and CEO at Sierra Wireless, said he wants to take over Sagemcom’s business. “Combining Sagemcom’s M2M business with Sierra Wireless is a unique opportunity for us to enter new markets and bolster our leadership in wireless M2M communications,” said Cohenour. “With a strong market position in key segments, a culture of innovation and experienced teams based in Paris and Shenzhen, Sagemcom M2M is an ideal fit for Sierra Wireless.”
Finally this week, AT&T (News ....

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