Sierra Wireless completes acquisition of AirLink
Brief | May 28, 2007
Sierra Wireless Inc. has bolstered its position as one of the leading suppliers of mobile data solutions following the completion of its acquisition of AirLink Communications Inc. "The combined entity is expected to be a leader in mobile computing as well as rugged, intelligent mobile and M2M connectivity solutions," reads a new release announcing the finalization of the agreement. Sierra Wireless paid $11 million, plus $1 million in closing adjustments and issued 1.3 million shares to AirLink shareholders.
This content is available to wirereport.ca subscribers
Already a subscriber? Sign in here
Unlock all the Canadian telecom, broadcasting and digital media news you need.
Take a free trial or subscribe to The Wire Report now.
FREE TRIAL
Two weeks of free access to thewirereport.ca and our exclusive newsletters.
SUBSCRIBE
Unlimited access to thewirereport.ca and our exlusive newsletters.