
Sierra Wireless agreed to acquire Wireless Maingate AB, a provider of machine-to-machine (M2M) connectivity and data management services for US $90 million in cash. The transaction is expected to close in February 2015.
Wireless Maingate, which is based in Karlskrona, Sweden, provides managed M2M connectivity and information management services to more than 500 customers across Europe, reaching a subscriber base of more than 500,000 connected devices....