Sierra Wireless Overview

  • Year Founded
  • 1993

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,007

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $1.31B

Sierra Wireless General Information

Description

Sierra Wireless Inc is a wireless communication equipment designer and provider of Device-To-Cloud Internet-of-Things solutions. The company's product and services portfolio contain products such as high-speed cellular modules and services such as connectivity services, cloud platforms, and cellular gateways, among others. It operates through two business segments: Internet of Things solutions and Embedded broadband. The vast majority of revenue comes from the company's embedded broadband segment, and more than half of its revenue is earned in the Americas and Asia-Pacific region.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 13811 Wireless Way
  • Richmond, British Columbia V6V 3A4
  • Canada
Primary Industry
Connectivity Products
Other Industries
Wireless Communications Equipment
Other Communications and Networking
Parent Company
Corporate Office
  • 13811 Wireless Way
  • Richmond, British Columbia V6V 3A4
  • Canada

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Sierra Wireless Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 12-Jan-2023 $1.31B Completed Generating Revenue
4. PIPE 16-Apr-2020 Completed Generating Revenue
3. IPO 10-May-1999 Completed Generating Revenue
2. Early Stage VC 03-May-1995 Completed Product Development
1. Early Stage VC Completed Product Development
To view Sierra Wireless’s complete valuation and funding history, request access »

Sierra Wireless Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Sierra Wireless Inc is a wireless communication equipment designer and provider of Device-To-Cloud Internet-of-Things so
Connectivity Products
Richmond, Canada
1,007 As of 2021

Hsinchu, Taiwan
 

Amsterdam, Netherlands
 
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Sierra Wireless Competitors (46)

One of Sierra Wireless’s 46 competitors is Arcadyan Technology, a Corporate Backed or Acquired company based in Hsinchu, Taiwan.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Arcadyan Technology Corporate Backed or Acquired Hsinchu, Taiwan
TomTom Corporation Amsterdam, Netherlands
CalAmp Formerly VC-backed Irvine, CA
Netgear Formerly PE-Backed San Jose, CA
ATX Networks Formerly PE-Backed Whitby, Canada
You’re viewing 5 of 46 competitors. Get the full list »

Sierra Wireless Patents

Sierra Wireless Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240297792-A1 System and method for secure approval of operations requested by a device management system Pending 03-Mar-2023
US-20240223385-A1 Method and apparatus for device authentication using chains of certificates Pending 28-Dec-2022
EP-4057674-A1 Method and apparatus for managing communication characteristics in a wireless network Inactive 10-Mar-2021
EP-4285618-A1 Method and apparatus for supporting device to device communication Pending 01-Feb-2021
EP-4285618-A4 Method and apparatus for supporting device to device communication Pending 01-Feb-2021 H04W76/14
To view Sierra Wireless’s complete patent history, request access »

Sierra Wireless Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Sierra Wireless Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
CampVentures Venture Capital Minority
Granite Ventures Venture Capital Minority
Lion Point Capital Hedge Fund Minority
MPR Teltech Corporation Minority
PMC Sierra Corporation Minority
You’re viewing 5 of 8 investors. Get the full list »

Sierra Wireless Investments & Acquisitions (20)

Sierra Wireless’s most recent deal was a Merger/Acquisition with M2M Connectivity for . The deal was made on 07-Jan-2020.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
M2M Connectivity 07-Jan-2020 Merger/Acquisition Connectivity Products
M2M One NZ 07-Jan-2020 Merger/Acquisition Connectivity Products
Numerex 07-Dec-2017 Merger/Acquisition IT Consulting and Outsourcing
Flowthings 03-Aug-2017 Merger/Acquisition Automation/Workflow Software
GlobalTop Technology (Global Navigation Satellite System Embedded Module Business) 03-Apr-2017 Merger/Acquisition Application Specific Semiconductors
You’re viewing 5 of 20 investments and acquisitions. Get the full list »

Sierra Wireless ESG

Risk Overview

Risk Rating

Updated April, 29, 2023

13.46 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,708

Rank

Percentile

Semiconductors

Industry

of 338

Rank

Percentile

Semiconductor Design and Manufacturing

Subindustry

of 227

Rank

Percentile

To view Sierra Wireless’s complete esg history, request access »

Sierra Wireless Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
M2M Connectivity Kensington, Australia 2002

Sierra Wireless FAQs

  • When was Sierra Wireless founded?

    Sierra Wireless was founded in 1993.

  • Where is Sierra Wireless headquartered?

    Sierra Wireless is headquartered in Richmond, Canada.

  • What is the size of Sierra Wireless?

    Sierra Wireless has 1,007 total employees.

  • What industry is Sierra Wireless in?

    Sierra Wireless’s primary industry is Connectivity Products.

  • Is Sierra Wireless a private or public company?

    Sierra Wireless is a Private company.

  • What is the current valuation of Sierra Wireless?

    The current valuation of Sierra Wireless is .

  • What is Sierra Wireless’s current revenue?

    The current revenue for Sierra Wireless is .

  • How much funding has Sierra Wireless raised over time?

    Sierra Wireless has raised $18M.

  • Who are Sierra Wireless’s investors?

    CampVentures, Granite Ventures, Lion Point Capital, MPR Teltech, and PMC Sierra are 5 of 8 investors who have invested in Sierra Wireless.

  • Who are Sierra Wireless’s competitors?

    Arcadyan Technology, TomTom, CalAmp, Netgear, and ATX Networks are some of the 46 competitors of Sierra Wireless.

  • When was Sierra Wireless acquired?

    Sierra Wireless was acquired on 12-Jan-2023.

  • Who acquired Sierra Wireless?

    Sierra Wireless was acquired by Semtech.

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