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Sierra Wireless signs services contract with IBM

Wireless network technology provider Sierra Wireless Inc (Nasdaq:SWIR) (TSX:SW) announced on Thursday it has signed a services contract with information technology company IBM (NYSE:IBM). IBM will to host a new services platform dedicated to Sierra's software as a service Machine-to-Machine offering.

The financial details of the agreement were not disclosed.

Under the terms of the agreement, IBM will provide datacentre collocation facilities and services to Sierra Wireless. In 2008, the company deployed its first platform in France to service the European market and now it is expanding to support its growth in North America.

According to the company, Sierra Wireless selected IBM and Rackforce to host the offering at the recently built GigaCenter in Kelowna, British Columbia, a new generation of datacentre which guarantees security, scalability and high availability needed by Machine-to-Machine customers to manage wireless-connected devices.

Sierra Wireless Solutions and Services provides an unique offering to manage remote equipment based on a comprehensive M2M Services Platform.

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Related terms: british columbia, contract, france, information technology, market, nasdaq, north america, nyse, security, software, technology, wireless

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