Numerex Corp. (formerly

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

:NMRX) – a wholly owned subsidiary of

Sierra Wireless Sierra Wireless is a Canadian multinational wireless communications equipment designer, manufacturer and services provider headquartered in Richmond, British Columbia, Canada. It also maintains offices and operations in California, Sweden, Korea ...

:(SWIR)"Sierra Wireless (SWIR) to Acquire Numerex Corp. (NMRX) in $107M Deal,"
August 2, 2017, ''

Street Insider A street is a public thoroughfare in a built environment. It is a public parcel of land adjoining buildings in an urban context, on which people may freely assemble, interact, and move about. A street can be as simple as a level patch of dirt, ...

,'' retrieved 2018-10-17"Numerex Corp_ Announces Shareholder Approval of Merger Agreement,"
December 06, 2017, ''

Globe Newswire GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. GlobeNewswire was a Nasdaq, Inc. subsidiary from September 2006 until April 2018 when West Corporation (now Intrad ...

,'' retrieved 2018-10-17Symington, Steve (investor in Sierra Wireless
"Why Sierra Wireless, Inc. Stock Fell 11.8% in December,"
December 30, 2017, ''

The Motley Fool The Motley Fool is a private financial and investing advice company based in Alexandria, Virginia. It was founded in July 1993 by co-chairmen and brothers David Gardner and Tom Gardner, and Erik Rydholm, who has since left the company. The compa ...

,'' retrieved 2018-10-17press release: "Sierra Wireless, Inc. Completes Acquisition of Numerex Corp,"
December 07, 2017,

, Inc., (als
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'' retrieved 2018-10-17 – is a provider of managed

machine-to-machine Machine to machine (M2M) is direct communication between devices using any communications channel, including wired and wireless. Machine to machine communication can include industrial instrumentation, enabling a sensor or meter to communicate t ...

(M2M) enterprise solutions enabling the

Internet of Things The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other com ...

(IoT).

History

Numerex was founded in 1992 and was first publicly traded in March 1994. On September 1, 2015 Marc Zionts was appointed as CEO and President of this company. In May 1998, Cellemetrry LLC was formed between Numerex Corp.,

BellSouth Corporation BellSouth, LLC (stylized as ''BELLSOUTH'' and formerly known as BellSouth Corporation) was an American telecommunications holding company based in Atlanta, Georgia. BellSouth was one of the seven original Regional Bell Operating Companies after ...

and BellSouth Wireless, This was a joint venture between Numerex and

Cingular AT&T Mobility LLC, also known as AT&T Wireless and marketed as simply AT&T, is an American telecommunications company. It is a wholly owned subsidiary of AT&T Inc. and provides wireless services in the United States. AT&T Mobility is the thi ...

. In November 1999, Numerex sold the wireline business to

British Telecommunications BT Group plc (trading as BT and formerly British Telecom) is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broa ...

PLC (“BT”). On March 28, 2003, Numerex acquired Cingular's interest in Cellemetry LLC. During this period, Numerex developed a

Short Message Service Center A Short Message Service Center (SMSC) is a network element in the mobile Mobile may refer to: Places * Mobile, Alabama, a U.S. port city * Mobile County, Alabama * Mobile, Arizona, a small town near Phoenix, U.S. * Mobile, Newfoundlan ...

(SMSC)-operated service bureau, “Data1Source”, providing SMS-related services to tier 2 and 3 carriers throughout the US. Data1Source was later sold. At the beginning of 2006, Numerex acquired the assets of Airdesk, Inc. In 2007, Numerex acquired the assets of Orbit One Communications, Inc.. In October 2008, Numerex acquired Ublip. In February 2013, Numerex acquired AVIDwireless™. In December 2013, it acquired i3G under the i-Tank™ brand. In April 2014, Numerex acquired Omnilink Systems. In September 2015, the company announced their recent implementation of the mySHIELD solution, connected by

Verizon Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in ...

. The company also announced the “LTE for the IoT” program with

T-Mobile T-Mobile is the brand name used by some of the mobile communications subsidiaries of the German telecommunications company Deutsche Telekom AG in the Czech Republic ( T-Mobile Czech Republic), Poland ( T-Mobile Polska), the United States ( T-Mob ...

. In December, 2017, Numerex was acquired by

, Inc., a prominent provider of comparable services, in a deal estimated at US$107 million, becoming a wholly owned subsidiary of Sierra.

Recognition

In 2014 and 2015, Numerex was awarded Best Overall Platform by IoT Evolution, as well as Best Security Platform by Compass Intelligence. In 2015, it was recognized by the Technology Association of Georgia as a Top 40 Innovative Technology Company.

References

{{reflist, 2 Internet of things companies Companies established in 1992