 | |
| Company type | Public |
|---|---|
| Industry | Semiconductors |
| Founded | 1960; 66 years ago (1960) inNewbury Park, California |
| Headquarters | Camarillo, California, U.S. |
Key people | Dr. Hong Q. Hou[1](President &CEO) |
| Products | Semiconductors |
| Revenue |  US$869 million (2024) |
 US$−371 million (2024) | |
| 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[update][2] | |
Semtech Corporation is an American supplier ofanalog andmixed-signalsemiconductors and advanced algorithms for consumer, enterprise computing, communications and industrial end-markets. It is based inCamarillo,Ventura County,Southern California. It was founded in 1960 in Newbury Park, California. It has 32 locations in 15 countries inNorth America,Europe, andAsia.[3]
Semtech is the developer ofLoRa, a long-range networking initiative for theInternet of Things.[4] As of March 2021, over 178 million devices use LoRa worldwide.[5] LoRa has been used in satellites, tracking of animals,[6]UAVradio control,[7] and natural disaster prediction,[8]
Semtech has been publicly traded since 1967. In 1995, Semtech ranked fifth on the Bloomberg 100 list of top-performing stocks of 1995 on theNew York andAmerican stock exchanges and the NASDAQ National Market.[9]
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.[10] Semtech's chips were utilized in products using theAmazon Sidewalk protocol,[11] as well as to monitor water leaks.[12] A collaboration with Unabiz to produce IoT devices that use both Semtech's LoRaWAN as well as Unabiz'sSigfox systems was announced in July 2023.[13] Semtech additionally offersHDMI toSDI converter chips[14] as well as LoRa transceiver with global coverage.[15] Semtech also offers cloud connectivity andVoice over LTE services.[16][17]
In December 1999, Semtech bought USAR Systems Inc., a maker of embedded devices for handheld and notebook computers, for $26.7 million in stock.[18][19]
In March 2012, it bought Gennum Corporation, a supplier of high-speed analog semiconductors, for approximatelyCA$500 million (US$494 million).[20] In the same month, they acquired Cycleo SAS, a supplier of wireless semiconductor products, for $5 million in cash.[21][22][23]
In August 2022, Semtech agreed to buy Canadian technology companySierra Wireless in an all-cash transaction valued at US$1.2 billion including debt.[24] The acquisition completed in January 2023.[25]
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