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Company type | Public |
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Industry | Semiconductors |
Founded | 1960Newbury Park, California | in
Headquarters | Camarillo, California, U.S. |
Key people | Ye Jane Li (chairwoman) Dr. Hong Q. Hou [1] (president & CEO) |
Products | Semiconductors |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 1,917 (2024) |
Website | semtech |
Footnotes /references Financials as of January 28,2024 [update] [2] |
Semtech Corporation is an American 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. [3]
Semtech is the developer of LoRa , a long-range networking initiative for the Internet 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] UAV radio 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 the New York and American 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 the Amazon 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's Sigfox systems was announced in July 2023. [13] Semtech additionally offers HDMI to SDI converter chips [14] as well as LoRa transceiver with global coverage. [15] Semtech also offers cloud connectivity and Voice 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 approximately CA$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 company Sierra Wireless in an all-cash transaction valued at US$1.2 billion including debt. [24] The acquisition completed in January 2023. [25]