Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Sierra Wireless to discontinue the Voq Windows Mobile Smartphone
Posted on 8-Jun-2005 17:09. | Tags Filed under: News.

Sierra Wireless to discontinue the Voq Windows Mobile Smartphone
Sierra Wireless, Inc. has announced plans to exit its Voq Professional Phone initiative and that it is shifting some Voq resources to its core PC Card and Embedded Modules business.

"These actions are designed to focus the company on the core areas of our business where we have extensive experience and a well established market position. We believe that both the PC Card and Embedded Module markets represent significant growth opportunities with the highest potential returns in our portfolio. Our goal is to ensure that we have a strong, sustainable leadership position in these areas," said David Sutcliffe, President and CEO of Sierra Wireless. "We have enjoyed limited success to date on the Voq Professional Phone and have concluded that continuing to proceed with Voq is no longer the best use of our resources, given our other opportunities. We will now seek the most effective exit, whether by divestiture or by termination of the initiative."

Voq assets and obligations, including inventory, equipment, licenses, patents, trademarks and contracts, total approximately US$15 million. Sierra Wireless employs 319 people, of which approximately 55 have been working directly on the Voq product across various functions in the company.

About 15 of these people will be transferred to programs in the core business, while others will remain on Voq during the Voq exit process. Approximately 99% of the company's revenue is being generated by the PC Card, Embedded Module and Rugged Mobile product lines.

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

Rise of the machines
Created by Rikkitic, last reply by PhantomNVD on 23-Oct-2016 22:31 (22 replies)
Pages... 2

Sony XZ Owners discussion
Created by networkn, last reply by Geektastic on 23-Oct-2016 22:48 (104 replies)
Pages... 5 6 7

Gigabit cable now available
Created by sub, last reply by Pumpedd on 23-Oct-2016 10:48 (59 replies)
Pages... 2 3 4

Who is this women? She is possibly the most famous women on the internet and nobody knows who she is.
Created by jimbob79, last reply by cynnicallemon on 20-Oct-2016 13:28 (14 replies)

Labour weekend plans?
Created by DarthKermit, last reply by joker97 on 22-Oct-2016 09:51 (27 replies)
Pages... 2

Is windows 10 anniversary update causing you problems
Created by robjg63, last reply by mdav056 on 20-Oct-2016 14:01 (27 replies)
Pages... 2

Windows 10: HDMI or DP to connect to 4K monitor?
Created by joker97, last reply by joker97 on 23-Oct-2016 19:04 (12 replies)

Does anyone use Ebay?
Created by TeaLeaf, last reply by tchart on 23-Oct-2016 19:36 (23 replies)
Pages... 2