Semtech
Business enterprise
From Wikipedia, the free encyclopedia
Semtech Corporation is an American supplier of analog and mixed-signal semiconductors and advanced algorithms for consumer, enterprise computing, communications and industrial end-markets. It is based in Camarillo, Ventura County, Southern California. It was founded in 1960 in Newbury Park, California. It has 32 locations in 15 countries in North America, Europe, and Asia.[3]
| |
| Company type | Public |
|---|---|
| Industry | Semiconductors |
| Founded | 1960 in Newbury Park, California |
| Headquarters | Camarillo, California, U.S. |
Key people | Dr. Hong Q. Hou[1](President & CEO) |
| Products | Semiconductors |
| Revenue |  US$869 million (2024) |
 US$−371 million (2024) | |
| US$−371.8 million (2024) | |
| Total assets | US$1.37 billion (2024) |
| Total equity | US$−307 million (2024) |
Number of employees | 1,917 (2024) |
| Website | semtech |
| Footnotes / references Financials as of January 28, 2024[update][2] | |
Semtech is the developer of LoRa, a long-range networking initiative for the Internet of Things.[4] As of March 2021, over 178 million devices use LoRa worldwide.[5] LoRa has been used in satellites, tracking of animals,[6] UAV radio control,[7] and natural disaster prediction,[8]
Semtech has been publicly traded since 1967. In 1995, Semtech ranked fifth on the Bloomberg 100 list of top-performing stocks of 1995 on the New York and American stock exchanges and the NASDAQ National Market.[9]
Products
Semtech offers a variety of products, including LoRa, a long-range, low-power networking platform; receivers and transmitters; touch and proximity devices; wireless charging; and power management solutions.[10] Semtech's chips were utilized in products using the Amazon Sidewalk protocol,[11] as well as to monitor water leaks.[12] A collaboration with Unabiz to produce IoT devices that use both Semtech's LoRaWAN as well as Unabiz's Sigfox systems was announced in July 2023.[13] Semtech additionally offers HDMI to SDI converter chips[14] as well as LoRa transceiver with global coverage.[15] Semtech also offers cloud connectivity and Voice over LTE services.[16][17]
Acquisitions
In December 1999, Semtech bought USAR Systems Inc., a maker of embedded devices for handheld and notebook computers, for $26.7 million in stock.[18][19]
In March 2012, it bought Gennum Corporation, a supplier of high-speed analog semiconductors, for approximately CA$500 million (US$494 million).[20] In the same month, they acquired Cycleo SAS, a supplier of wireless semiconductor products, for $5 million in cash.[21][22][23]
In August 2022, Semtech agreed to buy Canadian technology company Sierra Wireless in an all-cash transaction valued at US$1.2 billion including debt.[24] The acquisition completed in January 2023.[25]
