Deutsche Telekom AG’s (
DT) T-Mobile unit and Sierra Wireless (
SWIR) recently agreed to form a joint venture to provide machine-to-machine (M2M) wireless communications in several markets. Initially, this business venture will target European markets, with special emphasis on Germany. The M2M solution will offer innovative solutions for the fleet, automotive, navigation, utility and security markets.
T-Mobile is a top worldwide wireless service provider with more than 148 million subscribers, while Sierra Wireless is a global leader for embedded wireless modules. Recently, Sierra acquired Wavecom S.A., a primary provider of embedded wireless technology for M2M communications. This acquisition has significantly diversified Sierra’s business verticals into the high-margin M2M segment.
Wavecom has a dominant market share in Europe and Asia-Pacific regions. The combined entity now offers the most comprehensive wireless data product portfolio that includes PC adapters, 2G & 3G embedded modules, M2M terminals and related software. The new
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