Semtech Corp. and Sierra Wireless Inc. today announced the completion of Semtech’s acquisition of Sierra Wireless in an all-cash transaction representing a total enterprise value of approximately $1.2 billion. This transaction nearly doubles Semtech’s annual revenue and adds approximately $100 million of high-margin IoT Cloud services recurring revenues. Semtech expects the acquisition to be immediately…
The post Semtech-Sierra Deal Forms $1.2B Supplier appeared first on EPS News.
Read More
EPS News
