Qualcomm agrees to acquire 4G IoT technology from Sequans [Yahoo! Finance]
Sequans Communications S.A. American Depositary Shares (each representing ten (10) Ordinary Shares) (SQNS)
Last sequans communications s.a. american depositary shares (each representing ten (10) ordinary shares) earnings: 4/23 06:00 am
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Source: Yahoo! Finance
The acquisition includes certain employees, assets, and licenses, although financial terms have not been disclosed. Sequans specialises in designing, developing, and supplying semiconductor solutions for cellular applications in large-scale and critical IoT markets. Integrating Sequans' 4G IoT technologies with Qualcomm's end-to-end IoT solutions is expected to enhance latter's industrial IoT portfolio and bolster its presence in the sector. Under the agreement terms, Sequans will retain the right to use the technology commercially through a perpetual licence agreement. This will support Sequans' expansion of its 4G business and the development of its 5G portfolio, while maintaining full ownership of its 5G technology. The transaction is currently pending customary closing conditions, including approval from French regulatory authorities. Qualcomm Technologies group general manager, automotive, industrial and embedded IoT, and cloud computing Nakul Duggal said: “Digital t
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News
- 5G IoT Module Market Forecasts 2024-2029: Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis [Yahoo! Finance]Yahoo! Finance
- Sequans Communications S.A. (NYSE: SQNS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Sequans Communications SA (SQNS) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]Yahoo! Finance
- Sequans Communications S.A. (NYSE: SQNS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Sequans Communications S.A. (NYSE: SQNS) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
SQNS
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/5/24 - Form 6-K
- 9/30/24 - Form 424B3
- SQNS's page on the SEC website