Semtech Corporation Announces Intention to Acquire Sierra Wireless
Semtech Corporation, a leading global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, and Sierra Wireless, a connectivity and cellular solutions provider, confirmed the intention to combine the two companies. Semtech will acquire Sierra Wireless, aiming to bring together the ultra-low power benefits of LoRa with higher bandwidth capabilities of cellular technologies, and create a comprehensive platform for connected devices.