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Sierra Wireless swoops on Kiwi IoT specialist M2M One NZ
Nasdaq-listed Sierra Wireless buys Spark partner to expand its footprint in Australia and New Zealand
New Zealand IoT technology firm M2M One NZ has been acquired by Canada-based Sierra Wireless.
M2M One NZ provides wireless products and services for the machine to machine (M2M) and internet of things (IoT) industries.
While a sale price was not disclosed in the announcement, Sierra Wireless s financial statements for the year ended 30 December 2020 reveal it was US$3.5 million (NZ$4.8 million).