Semtech to sell cellular module business to Compal for $62M cash
Semtech enters a definitive agreement to sell its cellular module business to Compal Electronics for $62M in cash, subject to customary adjustments, with closing expected in Q4 of Semtech’s FY2027.
SMTC Semtech to Sell Cellular Module Business to Compal Electronics for $62M ⠀ • Semtech entered a definitive agreement to sell its cellular module business to Compal Electronics for $62M in cash, subject to customary adjustments. • Compal will acquire substantially all related assets and operations, including intellectual property, customer relationships and personnel. • Semtech says the divestiture sharpens its focus on data center and LoRa connectivity; closing is expected in Q4 of Semtech's FY2027.