Semiconductor maker Semtech has announced plans to acquire fellow chip vendor Sierra Wireless in an effort to accelerate its push into making internet of things components.
Semtech makes a variety of analog and mixed-signal chips, including long-range, low-power wireless RF connectivity, power management, and video-broadcast equipment. Sierra Wireless makes dedicated IoT technology. Semtech has made steps toward this market but a takeover of Sierra would accelerate the effort.
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Source:: Network World – IoT