Company
Sierra Wireless, Inc.
Headquarters: Richmond, BC, Canada
Founded: Richmond, British Columbia 1993
Employees: 1,000
CEO: Mr. Philip Gordon Brace
Market Cap
C$1.61 Billion
CAD as of Jan. 1, 2023
US$1.19 Billion
Sierra Wireless, Inc. Categories
Canada Technology Communication EquipmentCanada Technology Canada Communication Equipment
Top Competitors by Market Capitalization
Industry: Communication Equipment
| Company | Market Cap (USD) |
|---|---|
| Cisco | $205.21 B |
| Motorola Solutions | $51.78 B |
| Foxconn Industrial Internet Co. Ltd | $38.82 B |
| Hewlett Packard Enterprise Company | $22.15 B |
| Telefonaktiebolaget LM Ericsson | $20.89 B |
Detailed Description
Sierra Wireless, Inc., together with its subsidiaries, provides device-to-cloud Internet of Things (IoT) solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The IoT Solutions segment offers recurring connectivity services, cloud management software, and cellular modules and gateways. This segment provides cellular connectivity services that are subscription-based and includes smart SIM and core network platforms; cloud platform for deploying and managing subscriptions, over-the-air updates, and devices and applications; and Octave, a unified data orchestration to provide enhanced data management from the edge of the network to the cloud. It also offers AirVantage Cloud Platform for the deployment of IoT solutions; AirVantage Management Service, a device management application to deploy, monitor, and upgrade wireless devices remotely; IoT embedded cellular wireless modules, such as low power wide area technologies, third and fourth generation, and long-term evolution (LTE) products, as well as 5G cellular embedded modules; and gateway solutions, including LTE networking, such as Wi-Fi, Bluetooth, global navigation satellite system, and FirstNet capability. The Embedded Broadband segment provides high-speed cellular embedded modules for use in mobile computing and enterprise networking markets. This segment offers high-speed 4G LTE, LTE-Advanced, and 5G cellular modules. It also provides Legato platform, an open source embedded platform for IoT application development; and MangOH development kits, an open source hardware design that enables rapid prototyping and shortens time-to-market for IoT developers, as well as professional services to original equipment manufacturers(OEMs). The company serves enterprises, industrial companies, and OEMs through direct and indirect channels, including OEMs, distributors, value-added resellers, and mobile network operators. The company was incorporated in 1993 and is headquartered in Richmond, Canada.
Top 1-year algo backtest: +269.94%
$10,000 in May 2023 would now be $36,994 by following this algorithm daily at market close.
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Stocks & Indices
Sierra Wireless, Inc. has the following listings and related stock indices.
Stock: TSX: SW wb_incandescent
Stock: NASDAQ: SWIR wb_incandescent
Stock: FSX: WRW wb_incandescent
Product & Services
Mobile broadband devices, embedded wireless modules, wireless gateways and routers, M2M cloud platform
Key People
Phil Brace, CEO Samuel Cochrane, CFO
Financials
Revenue: $448.6 million USD (2020)