Semtech

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Semtech Corporation
TypePublic
NasdaqSMTC
S&P 400 Component
IndustrySemiconductors
Founded1960; 61 years ago (1960)
Newbury Park, California
HeadquartersCamarillo, California
Key people
Rockell N. Hankin (Chairman of the Board), Mohan R. Maheswaran (President and CEO) [1]
ProductsSemiconductors
RevenueIncrease$627 million USD (2019) [2]
Increase63.1 million USD (2019) [3]
Number of employees
1,335 (2019) [4]
Websitewww.semtech.com

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.[5]

Semtech is the developer of LoRa, a long-range networking initiative for the Internet of Things.[6] As of March 2021, over 178 million devices use LoRa worldwide.[7] LoRa has been used in satellites, tracking of animals,[8] and natural disaster prediction.[9]

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.[10]

Products[edit]

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.[11]

Acquisitions[edit]

In December 1999, Semtech bought USAR Systems Inc., a maker of embedded devices for handheld and notebook computers, for $26.7 million in stock.[12][13]

In March 2012, it bought Gennum Corporation, a supplier of high-speed analog semiconductors, for approximately CAD$500 million (US$494 million).[14] In the same month, they acquired Cycleo SAS, a supplier of wireless semiconductor products, for $5 million in cash.[15][16][17]

References[edit]

  1. ^ "Semtech". Semtech Homepage.
  2. ^ "Semtech".
  3. ^ "Semtech".
  4. ^ "Form 10-K".
  5. ^ "Semtech Corporation | Company Overview | Semtech". www.semtech.com. Retrieved 2021-03-26.
  6. ^ "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.
  7. ^ "Semtech LoRa Technology Overview | Semtech". www.semtech.com. Retrieved 2021-03-26.
  8. ^ "IoT Aims to Track Free-Ranging Reindeer in Finland | RFID JOURNAL". Retrieved 2021-03-26.
  9. ^ "IoT is revolutionizing natural disaster prediction - IoT Agenda". internetofthingsagenda.techtarget.com. Retrieved 2021-03-26.
  10. ^ "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.
  11. ^ "Analog and Mixed-Signal Semiconductor Products | Semtech | Semtech". www.semtech.com. Retrieved 2021-03-26.
  12. ^ "Company News; Semtech Acquires Usar, Computer Component Maker". Bloomberg News. 1999-12-07. ISSN 0362-4331. Retrieved 2019-06-23.
  13. ^ "Semtech acquires USAR Systems | EE Times". Retrieved 2021-03-26.
  14. ^ "Semtech Announces Plans to Acquire Gennum Corporation". www.businesswire.com. 2012-01-24. Retrieved 2021-03-26.
  15. ^ "Semtech (SMTC)". Forbes. Retrieved 2020-04-29.
  16. ^ "Semtech Acquires Wireless Long Range IP Provider Cycleo". www.businesswire.com. 2012-03-07. Retrieved 2021-03-26.
  17. ^ "Semtech buys Cycleo for $5 million - L.A. Biz". www.bizjournals.com. Retrieved 2021-03-26.

External links[edit]