DGKV Advised Residence Control EOOD, dba M2M Services, in Respect of the Acquisition from Sierra Wireless, Inc.

DGKV acted as lead counsel to Residence Control EOOD, dba M2M Services, in respect of the acquisition from Sierra Wireless, Inc. (NASDAQ: SWIR) of its Uplink branded residential and commercial security and fire alarm business line. The acquisition marks the increasing strength of Bulgarian IoT business and represents a significant achievement for Residence Control EOOD on the North American market. The acquisition aims to provide to the M2M Services Group strong foundation of IoT-based alarm and fire monitoring solutions, brand, customers, partners and an expert management team to establish themselves in the North American region.

The US counsel for M2M Services was Buchanan Ingersoll & Rooney PC.

DGKV team teams was led by partner Georgi Tzvetkov.

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