Sierra Wireless reaches agreement to acquire Sagemcom M2M
日期:2012-06-23 21:50
Vancouver, Canada - June 18, 2012
Sierra Wireless (NASDAQ: SWIR) (TSX: SW) today announced it has entered into an exclusivity agreement for the acquisition of Sagemcoms machine-to-machine (M2M) business. Sierra Wireless has submitted a binding offer to acquire substantially all of the assets of the business for 44.9 million in cash consideration plus assumed liabilities.
The proposed acquisition remains subject to completion of the consultation process with employee representatives. This process
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