SWIR NASDAQ

Sierra Wireless, Inc. is a global provider of comprehensive Internet of Things (IoT) solutions, facilitating device-to-cloud communication across the Americas, Europe, the Middle East, Africa, and Asia Pacific. The company operates through two primary divisions: IoT Solutions and Enterprise Solutions. The IoT Solutions segment provides cellular wireless IoT modules to Original Equipment Manufacturers (OEMs), offering a wide array of connectivity options including 5G, 4G LTE, 3G/2G, low power wide area networks, Wi-Fi, Bluetooth, and global navigation satellite systems. This segment also delivers robust embedded broadband solutions, such as industrial-grade modules designed for optimal speed, bandwidth, and performance on 5G and 4G networks, alongside various IoT connectivity services. The Enterprise Solutions division offers a range of Sierra Wireless AirLink routers, IoT applications, advanced network management tools, managed network services, and mobility applications. Its services further extend to tracking for assets, fleets, and cargo; remote monitoring for individuals and equipment; and alarm communication systems. This division also provides a powerful cloud platform for reporting and analytics. Sierra Wireless serves a diverse client base, including enterprises, industrial companies, and OEMs, leveraging both direct sales and an indirect distribution network comprising OEMs, distributors, value-added resellers (VARs), and mobile network operators. The company was founded in 1993 and is headquartered in Richmond, Canada.