Semtech agrees to sell cellular module business to Compal for $62 million cash
Reuters2026/08/13 09:35- Semtech agreed to sell its cellular module business to Compal Electronics for USD 62 million in cash, subject to customary adjustments.
- Deal transfers substantially all related assets and operations, including intellectual property, customer relationships, and personnel.
- Transaction targets a fiscal 2027 fourth-quarter close, pending customary conditions and regulatory clearances.
- Divestiture narrows Semtech’s focus toward data center products and LoRa connectivity.
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