RE:Sierra Wireless signed the agreement with Isign. IMOIF BC based Sierra is the wireless provider then according to this Sept 1018 article it looks like it could be a good fit for isign. Together maybe isign can finally execute a legit revenue generating contract with their smart cities and mobile emergency services initiatives.
"Sierra Wireless stock has seen a huge contraction of its multiple, in accordance with company-specific issues related to its Numerex acquisition, which will be mildly dilutive to earnings in 2018, uncertainty with regard to who the new CEO will be, and disappointing organic growth rates.
But longer term, this tech stock is a bargain buy at these levels for the following reasons:
First, the Numerex acquisition will give the company exposure to higher-margin (54% versus 34% gross margin for Sierra’s core revenue) recurring revenue on a go-forward basis.
Second, the company is well positioned in the auto industry, with the company’s connected car wins with Volkswagon and other large OEMs boosting revenue in the second half of the year and certainly over the long term as well.
The market for connected cars remains big, and although it’s a competitive market, Sierra has an increasingly strong position due to its technology. "