Company type | Public |
---|---|
Traded as | |
Industry | Semiconductors |
Founded | 1960; 64 years ago (1960) in Newbury Park, California |
Headquarters | Camarillo, California, U.S. |
Key people | Ye Jane Li (chairwoman) Dr. Hong Q. Hou(president & CEO) |
Products | Semiconductors |
Revenue | US$869 million (2024) |
Operating income | US$−371 million (2024) |
Net income | 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 |
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.
Semtech is the developer of LoRa, a long-range networking initiative for the Internet of Things. As of March 2021, over 178 million devices use LoRa worldwide. LoRa has been used in satellites, tracking of animals, UAV radio control, and natural disaster prediction,
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.
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. Semtech's chips were utilized in products using the Amazon Sidewalk protocol, as well as to monitor water leaks. 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. Semtech additionally offers HDMI to SDI converter chips as well as LoRa transceiver with global coverage. Semtech also offers cloud connectivity and Voice over LTE services.
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.
In March 2012, it bought Gennum Corporation, a supplier of high-speed analog semiconductors, for approximately CA$500 million (US$494 million). In the same month, they acquired Cycleo SAS, a supplier of wireless semiconductor products, for $5 million in cash.
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. The acquisition completed in January 2023.
References
- "Dr. Hong Q. Hou". Semtech. 2024-07-12. Retrieved 2024-07-12.
- "Form 10-K". U.S. Securities and Exchange Commission. 28 March 2024.
- "Semtech Corporation | Company Overview | Semtech". www.semtech.com. Retrieved 2021-03-26.
- "Semtech's LoRa Technology will support 80 million LoRa-enabled end nodes by early 2019". IoT Business News. 2018-09-13. Retrieved 2019-06-23.
- "Semtech LoRa Technology Overview | Semtech". www.semtech.com. Retrieved 2021-03-26.
- "IoT Aims to Track Free-Ranging Reindeer in Finland". 19 January 2018. Archived from the original on July 5, 2020. Retrieved 2021-03-26.
- "Review: TBS Tracer RC System (Module and Receiver)". OscarLiang.com. 13 June 2021.
- "IoT is revolutionizing natural disaster prediction - IoT Agenda". internetofthingsagenda.techtarget.com. Retrieved 2021-03-26.
- "Semtech Corp. Ranks 5th on Bloomberg List of 100 Top Stocks". Los Angeles Times. 2019-05-14. Archived from the original on 14 May 2019. Retrieved 2019-06-23.
- "Analog and Mixed-Signal Semiconductor Products | Semtech | Semtech". www.semtech.com. Retrieved 2021-03-26.
- "Semtech announces LoRa-enabled Third Party Products". geospatialworld.net. 2023-03-30. Retrieved 2024-01-07.
- "Semtech and Kairos Implement Leak Detection Systems to Preserve Historic Ghirardelli Square Building". iotbusinessnews.com. 2023-08-02. Retrieved 2024-01-07.
- "LoRa and Sigfox tie the knot – Semtech and Unabiz shake on historic IoT coalition". rcrwireless.com. 2023-07-25. Retrieved 2024-01-07.
- "Semtech Announces New Chip Solution, GS12170 SDI/HDMI Bridge for Broadcast Video". businesswire.com. 2021-03-24. Retrieved 2024-01-07.
- "Semtech Unveils the LR1121 LoRa Transceiver with Sub-GHz, 2.4GHz, and S-Band Satellite Connectivity". hackster.io. 2023-03-16. Retrieved 2024-01-07.
- "Semtech Expands Smart Connectivity Advanced VoLTE Coverage". iotbusinessnews.com. 2024-10-25. Retrieved 2024-11-13.
- "Kinéis, Semtech Partner to Integrate Satellite & Terrestrial IoT on Same Single Chip". thefastmode.com. Retrieved 2024-11-13.
- "Company News; Semtech Acquires Usar, Computer Component Maker". Bloomberg News. 1999-12-07. ISSN 0362-4331. Retrieved 2019-06-23.
- "Semtech acquires USAR Systems | EE Times". Retrieved 2021-03-26.
- "Semtech Announces Plans to Acquire Gennum Corporation". www.businesswire.com. 2012-01-24. Retrieved 2021-03-26.
- "Semtech (SMTC)". Forbes. Retrieved 2020-04-29.
- "Semtech Acquires Wireless Long Range IP Provider Cycleo". www.businesswire.com. 2012-03-07. Retrieved 2021-03-26.
- "Semtech buys Cycleo for $5 million - L.A. Biz". www.bizjournals.com. Retrieved 2021-03-26.
- Hammond, Ed; Baker, Liana (2022-08-02). "Semtech Agrees to Buy Sierra Wireless at $1.2 Billion Value". Bloomberg News.
- Malder, Mark (2023-01-16). "Semtech Completes Sierra Wireless Acquisition". San Fernando Valley Business Journal.
External links
- Official website
- Business data for Semtech Corporation:
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- Semiconductor companies of the United States
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- Camarillo, California
- Electronics companies established in 1960
- Technology companies established in 1960
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