Semtech Corporation Announces Definitive Agreement on Sale of Cellular Module Business to Compal Electronics
Semtech signed a definitive agreement to sell its cellular module business to Compal Electronics for $62 million in cash. The transaction includes the sale of substantially all assets, intellectual property, and personnel associated with the unit and is expected to close in the fourth quarter of fiscal 2027, subject to regulatory approvals.
Key figures
- Deal Value Usd
- 62000000
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