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    Home IT Semtech acquiring Sierra Wireless for $1.2B

    Semtech acquiring Sierra Wireless for $1.2B

    August 2, 2022
    4

    Semtech is acquiring Sierra Wireless for $1.2 billion, subject to customary closing conditions.

    The acquisition is expected to expand Semtech’s addressable market and is expected to approximately double Semtech’s annual revenue, the company said in a statement.

    [Image courtesy: Sierra Wireless]

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    • Sierra Wireless
    Sudarshana Banerjee

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