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PE-backed Sierra Wireless sells Omnilink offender monitoring business

Sierra Wireless, backed by Lion Point Capital, has sold its Omnilink offender monitoring business to Sentinel Advantage for $37.6 million. ....

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Sierra Wireless sells offender monitoring business for $37.6M

IoT company Sierra Wireless said its Omnilink business sells 4G ankle bracelets to track offenders, and that it sold the business for $37.6 million to Bison Capital Asset Management. #pressrelease ....

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