Semtech agrees to sell cellular module business to Compal for $62 million cash
SMTC•Semtech to divest cellular module business
Semtech agreed to sell its cellular module business to Compal Electronics for $62 million in cash, subject to customary adjustments.
The deal transfers substantially all related assets and operations, including intellectual property, customer relationships, and personnel.
The transaction targets a fiscal 2027 fourth-quarter close, pending customary conditions and regulatory clearances.
The divestiture narrows Semtech’s focus toward data center products and LoRa connectivity.
