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Sierra Wireless rides Internet of Things to 10-year-high stock price

Thursday, January 22, 2015 - 05:50
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Mr Cohenour says that Sierra Wireless still has US$50 million in cash that it could use for takeovers, and could raise more if needed.

Toronto

SIERRA Wireless was selling equipment that allowed trains to be tracked online before the Internet of Things became the latest technology buzzword. Now that phrase is helping the company's stock trade near a 10-year high.

Sierra Wireless, the biggest seller of equipment to