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.

Sierra Wireless announced the BX Series Wi-Fi and Bluetooth combo modules with built-in cloud services and security features. With Wi-Fi and Bluetooth support on a single common flexible form factor (CF3) module, the BX Series provides manufacturers the flexibility to migrate between short-range and cellular technologies, as well as future-proof their product designs, optimized for connected applications.