Fibocom JV to acquire Sierra Wireless automotive module line

Fibocom, through its joint venture Rolling Wireless, agreed to acquire Sierra Wireless's automotive embedded module product line. The acquisition will be funded by Fibocom and three investment institutions.

“The acquiring will allow us to dive deeper into the automotive vertical industry and continue to provide more market-oriented high-performance embedded wireless modules and total IoV solutions for global customers in the automotive industry.”rollingwireless.com

• 2 sources
• rollingwireless.comRolling Wireless | Message — Fibocom to Acquire Sierra Wireless Automotive Embedded Module Product Line through its Joint Venture CompanyJul 27, 2020
• fibocom.comFibocom to Acquire Sierra Wireless Automotive Embedded Module Product Line through its Joint Venture CompanyJul 27, 2020

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