Sierra Wireless announces acquisition of AirLink Communications
Co announces a definitive agreement to acquire AirLink Communications, a privately-held developer and supplier of high value fixed, portable and mobile wireless data solutions for industrial and public safety applications. AirLink has achieved revs of $24.8 mln in 2006. AirLink had earnings from operations of $3.9 mln in 2006 and gross margin of 44%.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.