NETGEAR has completed its buyout of Sierra Wireless' AirCard business.
NETGEAR expects the acquisition to accelerate the mobile initiative of its service provider business unit to become a global leader in providing the latest in LTE data networking access devices.
The AirCard business brings to NETGEAR certain intellectual property, a world-class LTE engineering team, several customer contracts, inventory and fixed assets.
The AirCard business is being integrated into NETGEAR's service provider business under Michael Clegg, Senior Vice President and General Manager of NETGEAR's service provider business unit.
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