Sierra Wireless Inc was incorporated under the Canada Business Corporations Act on May 31, 1993. The Company provides cellular wireless solutions to the Machine-to-Machine and connected device markets. It develops and markets a range of wireless products that include embedded modules and embedded software for original equipment manufacturers, intelligent gateways and routers for industrial, commercial and public safety applications, and cloud-based platform for delivering device management and enabling end-to-end applications. Its products, services and solutions connect people, their mobile computers and machines to wireless voice and data networks around the world. It has sales, engineering, and research and development teams located in offices around the world. The Company has two reportable segments: OEM Solutions segment and Enterprise Solutions. OEM Solutions includes AirPrime embedded wireless modules (including embedded wireless modules for PC OEM customers). Enterprise Solutions includes Airlink Intelligent Gateways, AirVantage M2M Cloud, and InMotion Solutions. The primary markets for its products are North America, Europe and Asia Pacific. Its products and solutions are used by a variety of end-users across several market segments and for many applications. Market segments that it serves include automotive, mobile computing, transportation, energy, security, networking, sales and payment, field services and first responders, and healthcare. The Company's competitors include Gemalto NV, Telit Communications Plc, u-blox Holding AG and Huawei Technologies Corporation. Its competitors in AirLink intelligent Gateways vary by market segment, and include Cradlepoint, CalAmp Corp., Digi International Inc. and Multi-Tech Systems, Inc. Its competitors in AirVantage M2M Cloud Platform include other device manufacturers who have developed or acquired device management systems or platforms, as well as competitors such as Axeda Corporation which was acquired by PTC Inc. in 2014. It currently holds 94 United States patents and 311 international patents. Its products are subject to certain mandatory regulatory approvals in the United States, Canada, the European Union and other regions in which it operates.
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