Betaville

RARE ALERT: Sierra Wireless said to ... - Part 3

Sierra Wireless, the Canada-listed 'internet of things' designer, is rumoured to be eyeing a merger with Thales's IoT division ahead of a potential deal with London-listed Telit Communications.

People following the situation have heard speculation Thales, the France-listed conglomerate, is working with advisers from Deutsche Bank on a potential combination of its IoT division, which it inherited following its EURO 4.8 billion takeover of Gemalto in 2019...