Numerex Corp
NMRX
NASDAQ3.83
USD
-0.06
- -
Numerex Corp
NMRX
(NASDAQ)
Recent
price
3.83
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Numerex Corp. (formerly NASDAQ:NMRX), a wholly owned subsidiary of Sierra Wireless, provides managed machine-to-machine (M2M) enterprise solutions enabling the Internet of Things (IoT); its core offerings include integrated platforms delivering smart devices, network connectivity, and service applications sold primarily on a subscription basis to vertical markets such as home security, public safety, oil and gas, manufacturing, supply chain management, and industrial customers. The company serves customers mainly in the United States with operations focused on secure, scalable IoT connectivity and data management; it holds ISO 27001 certification for information security and emphasizes round-the-clock support. Founded in 1992 and headquartered in Atlanta, Georgia, Numerex operates within the broader IoT and wireless communications sector. Sierra Wireless acquired Numerex in December 2017 for approximately $107 million, delisting its shares from Nasdaq and integrating its M2M capabilities to accelerate device-to-cloud IoT strategies; subsequent Sierra Wireless developments include its own 2023 acquisition by Semtech Corporation.