Company:Semtech

From HandWiki
Semtech Corporation
TypePublic company
IndustrySemiconductors
Founded1960; 64 years ago (1960) in Newbury Park, California
HeadquartersCamarillo, California, U.S.
Key people
Rockell N. Hankin
(Chairman)
Paul H. Pickle[1]
(President and CEO)
ProductsSemiconductors
RevenueIncrease US$757 million (2023)
Decrease US$92.8 million (2023)
Decrease US$61.4 million (2023)
Total assetsIncrease US$2.57 billion (2023)
Total equityIncrease US$756 million (2023)
Number of employees
2,248 (2023)
Websitewww.semtech.com
Footnotes / references
Financials (As of January 2023)[2]

Semtech Corporation is a 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]

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]

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.[16][17]

In March 2012, it bought Gennum Corporation, a supplier of high-speed analog semiconductors, for approximately CA$500 million (US$494 million).[18] In the same month, they acquired Cycleo SAS, a supplier of wireless semiconductor products, for $5 million in cash.[19][20][21]

In August 2022, Semtech agreed to buy Canadian Internet of things (IoT) technology company Sierra Wireless in an all-cash transaction valued at US$1.2 billion including debt.[22] The acquisition completed in January 2023.[23]

References

  1. ↑ "Paul H. Pickle" (in en-US). 2023-09-13. https://www.wsj.com/market-data/quotes/SMTC/company-people/executive-profile/25856171. 
  2. ↑ "Form 10-K". U.S. Securities and Exchange Commission. 30 March 2023. https://www.sec.gov/ix?doc=/Archives/edgar/data/88941/000008894123000006/smtc-20230129.htm. 
  3. ↑ "Semtech Corporation | Company Overview | Semtech" (in en). https://www.semtech.com/company. 
  4. ↑ "Semtech's LoRa Technology will support 80 million LoRa-enabled end nodes by early 2019" (in en-US). 2018-09-13. https://iotbusinessnews.com/2018/09/13/10744-semtech-lora-technology-will-support-80-million-lora-enabled-end-nodes-by-early-2019/. 
  5. ↑ "Semtech LoRa Technology Overview | Semtech" (in en). https://www.semtech.com/lora. 
  6. ↑ "IoT Aims to Track Free-Ranging Reindeer in Finland | RFID JOURNAL" (in en-US). 19 January 2018. https://www.rfidjournal.com/iot-aims-to-track-free-ranging-reindeer-in-finland-2. 
  7. ↑ "Review: TBS Tracer RC System (Module and Receiver)". OscarLiang.com. 13 June 2021. https://oscarliang.com/tbs-tracer/. 
  8. ↑ "IoT is revolutionizing natural disaster prediction - IoT Agenda". https://internetofthingsagenda.techtarget.com/blog/IoT-Agenda/IoT-is-revolutionizing-natural-disaster-prediction. 
  9. ↑ "Semtech Corp. Ranks 5th on Bloomberg List of 100 Top Stocks". 2019-05-14. https://www.latimes.com/archives/la-xpm-1996-01-23-fi-27670-story.html. 
  10. ↑ "Analog and Mixed-Signal Semiconductor Products | Semtech | Semtech" (in en). https://www.semtech.com/products. 
  11. ↑ "Semtech announces LoRa-enabled Third Party Products". geospatialworld.net. 2023-03-30. https://www.geospatialworld.net/news/semtech-announces-lora-enabled-third-party-products/. 
  12. ↑ "Semtech and Kairos Implement Leak Detection Systems to Preserve Historic Ghirardelli Square Building". iotbusinessnews.com. 2023-08-02. https://iotbusinessnews.com/2023/08/02/56254-semtech-and-kairos-implement-leak-detection-systems-to-preserve-historic-ghirardelli-square-building/. 
  13. ↑ "LoRa and Sigfox tie the knot – Semtech and Unabiz shake on historic IoT coalition". rcrwireless.com. 2023-07-25. https://www.rcrwireless.com/20230725/internet-of-things-4/lorawan-and-sigfox-tie-the-knot-semtech-and-unabiz-shake-on-historic-iot-coalition. 
  14. ↑ "Semtech Announces New Chip Solution, GS12170 SDI/HDMI Bridge for Broadcast Video". businesswire.com. 2021-03-24. https://www.businesswire.com/news/home/20210324005079/en/Semtech-Announces-New-Chip-Solution-GS12170-SDIHDMI-Bridge-for-Broadcast-Video. 
  15. ↑ "Semtech Unveils the LR1121 LoRa Transceiver with Sub-GHz, 2.4GHz, and S-Band Satellite Connectivity". hackster.io. 2023-03-16. https://www.hackster.io/news/semtech-unveils-the-lr1121-lora-transceiver-with-sub-ghz-2-4ghz-and-s-band-satellite-connectivity-48a8fc5505e2. 
  16. ↑ "Company News; Semtech Acquires Usar, Computer Component Maker" (in en-US). Bloomberg News. 1999-12-07. ISSN 0362-4331. https://www.nytimes.com/1999/12/07/business/company-news-semtech-acquires-usar-computer-component-maker.html. 
  17. ↑ "Semtech acquires USAR Systems | EE Times". https://www.eetimes.com/semtech-acquires-usar-systems/. 
  18. ↑ "Semtech Announces Plans to Acquire Gennum Corporation" (in en). 2012-01-24. https://www.businesswire.com/news/home/20120123006499/en/Semtech-Announces-Plans-to-Acquire-Gennum-Corporation. 
  19. ↑ "Semtech (SMTC)" (in en). https://www.forbes.com/companies/semtech/. 
  20. ↑ "Semtech Acquires Wireless Long Range IP Provider Cycleo" (in en). 2012-03-07. https://www.businesswire.com/news/home/20120307006338/en/Semtech-Acquires-Wireless-Long-Range-IP-Provider-Cycleo. 
  21. ↑ "Semtech buys Cycleo for $5 million - L.A. Biz". https://www.bizjournals.com/losangeles/news/2012/03/08/semtech-buys-cycleo-for-5-million.html. 
  22. ↑ Hammond, Ed; Baker, Liana (2022-08-02). "Semtech Agrees to Buy Sierra Wireless at $1.2 Billion Value". Bloomberg News. https://www.bloomberg.com/news/articles/2022-08-02/semtech-in-advanced-talks-to-buy-sierra-wireless-at-31-a-share. 
  23. ↑ Malder, Mark (2023-01-16). "Semtech Completes Sierra Wireless Acquisition". https://www.sfvbj.com/manufacturing/semtech-completes-sierra-wireless-acquisition/. 

External links




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