Sierra Wireless announces acquisition of AirLink Communications

Tue Mar 6, 2007 11:34am EST

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%. 

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After wave of QE, onus shifts to leaders to boost economy

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.