Taipei, Thursday, Jun 02, 2020, 16:41


Sierra Wireless Acquires GNSS Embedded Module Assets of GlobalTop Technology

Published: Apr 08,2017

Sierra Wireless today announced it has completed the acquisition of substantially all of the assets of GlobalTop Technology’s Global Navigation Satellite System (GNSS) embedded module business for total cash consideration of approximately $3.2 million, subject to working capital adjustments.

More on This

GTOP Launches Titan X1, The Smallest Multi-interface GNSS Patch Antenna Module

GlobalTop Technology announces the launch of Titan X1, a state of the art Multi-GNSS Patch module with an ultra-compact size...

The End of GPS-only Modules

In the past, the only satellite system available globally was GPS (operated by the United States), and any GPS receivers or modules had to rely on their satellites to function...

GlobalTop’s GNSS embedded module portfolio will become part of the Sierra Wireless OEM Solutions product line, and the GNSS staff from GlobalTop will join Sierra Wireless. GlobalTop’s GNSS products generated approximately $5.0 million U.S. in revenue during the last 12 months, and the business is approximately breakeven.

“With a wide array of modules and established sales channels, as well as a proven engineering team, we believe that the GlobalTop GNSS business is an important addition to Sierra Wireless,” said Dan Schieler, Senior Vice President and General Manager, OEM Solutions, Sierra Wireless.

“Building on our portfolio of Cellular, WiFi and Bluetooth modules, we will have additional products to offer to our customers in markets where positioning data is critical, including high-value asset tracking, telematics, drones and automotive.”

CTIMES loves to interact with the global technology related companies and individuals, you can deliver your products information or share industrial intelligence. Please email us to

796 viewed

comments powered by Disqus