Sierra Wireless Completes In Motion Technology Acquisition

(RTTNews) - Sierra Wireless (SWIR, SW.TO) Tuesday said it has completed the acquisition of Vancouver-based In Motion Technology for an all-cash offer of about $21 million.

Together, Sierra Wireless and In Motion will provide the broadest choice of device-to-cloud solutions for enterprise customers, from simple gateways to full featured mobile routers, as well as a comprehensive suite of cloud services and applications.

The combined company will hold a strong leadership position and unique capabilities in important growth segments, including public safety, transit, and commercial fleet.