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Technology Stocks : Sierra Wireless, Inc. (SWIR)

SWIR 30.99

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Jan 12 4:00 PM EST

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From: JakeStraw	4/22/2015 9:04:13 AM
	of 185

Sierra Wireless and L&T Technology Services establish strategic collaboration to support the development of new Internet of Things applications finance.yahoo.com New Legato™ Lab supports worldwide customers bringing innovative IoT solutions to market Under the terms of the agreement, L&T Technology Services will establish a Legato™ Lab, a center of excellence designed to support customers worldwide in developing their IoT applications with the Legato embedded application platform from Sierra Wireless. The two companies will jointly market their respective products and services to customers in the automotive, transportation, and industrial markets. “Development of the Internet of Things offers tremendous opportunities for innovation in new applications and business models across a number of vertical markets,” said Dr. Keshab Panda, Chief Executive, L&T Technology Services. “With Legato, Sierra Wireless has produced the most integrated platform on which to build IoT applications that support this innovation, and we look forward to collaborating with our joint customers to develop and deliver IoT solutions to markets worldwide.”

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