# 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.

- Type: Acquisition
- Announced: 2020-07-27
- Where: Shenzhen, China, China
- Status: announced
- Products: automotive embedded modules, IoT wireless modules
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Fibocom](https://endata.com/companies/48866.md) (acquirer)
- [Sierra Wireless](https://endata.com/companies/48867.md) (target)
- [Rolling Wireless Technology Co., Limited](https://endata.com/companies/48868.md) (acquirer)
- [SHENZHEN CAPITAL GROUP CO., LTD.](https://endata.com/companies/48869.md) (investor)
- [Shenzhen Jianxin Huaxun Equity Fund Management Co.](https://endata.com/companies/48870.md) (investor)
- [Shenzhen Qianhai Red Earth M&A Fund Partnership (Limited Partnership)](https://endata.com/companies/48871.md) (investor)

## Sources

- [rollingwireless.com](https://www.rollingwireless.com/en/news/fibocom-to-acquire-sierra-wireless-automotive), 2020-07-27: "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."
- [fibocom.com](https://www.fibocom.com/jp/newscenter/info_itemid_11426.html), 2020-07-27: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.