IoT Platform to Create More Sustainable Planet Through Semtech, Sierra Deal


A future cloud services portfolio offering that will enhance security, provisioning, device management and geolocation capabilities for power-optimized IoT applications is on track to becoming a reality.

Semtech, a semiconductor supplier, and Sierra Wireless announced an agreement under which Semtech is acquiring Sierra Wireless. The deal is expected to close in Semtech’s fiscal year 2023.

Sierra Wireless has 25 years of cellular IoT expertise that has seen 2G to 5G cellular module and routers shipped to more than 200 countries. It has a portfolio of simplified and reliable connectivity solutions, including global SIMs and regional connectivity solutions for LPWA, 4G LTE and 5G IoT deployments.

Sierra Wireless also has a broad portfolio of secure, high-performance embedded IoT modules and solutions that deliver capabilities to the cloud through 4G, 5G and LPWA cellular networks.

With the acquisition, Semtech will combine Sierra Wireless’ cellular capabilities across its modules, gateways and managed connectivity with Semtech’s LoRa-enabled end nodes to create an IoT portfolio that will create new IoT use cases.

Worldwide, companies are adopting cellular and LoRa connectivity solutions to connect low power sensor networks to the cloud. Doing this will improve operational efficiencies, reduce wastes, manage natural resources and enable numerous other smarter planet objectives.

“Our vision is to build a simple, horizontal platform with the goal of accelerating this transformation and to bring about a smarter and more sustainable planet,” said Semtech president and chief executive officer, Mohan Maheswaran. “This exciting strategic acquisition of Sierra Wireless is a critical part of bringing this vision to life through the combination of cellular, LoRa and cloud services.”

Sierra Wireless has demonstrated expertise in IoT and cellular engineering, software and services, and its extensive knowledge of IoT channels and vertical markets. Semtech is expecting the combined company to be positioned to serve high growth segments such as:

  • Supply chain, logistics and asset management.
  • Utilities, including water, gas and electric metering.
  • Smart cities and building, including air quality monitoring and public safety.
  • Smart agriculture and species protection.

“Sierra Wireless has taken steps to profitably grow the business,” said Phil Brace, president and chief executive officer of Sierra Wireless. “Together with Semtech, we will be able to extend the reach of IoT solutions by scaling, optimizing and ultimately delivering an even stronger product portfolio and service model to customers.”

The acquisition will expand Semtech’s addressable market and is expected to nearly double Semtech’s annual revenue and create a strong and diverse portfolio of connectivity solutions for the growing IoT market.

Edited by Erik Linask
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

IoTevolutionworld Editor

Related Articles

Quectel's New CC200A-LB Satellite Module, Reliable and Ready for a Wide Range of IoT Applications

By: Alex Passett    3/24/2023

Quectel has launched its CC200A-LB satellite module, which is designed to provide reliable global connectivity at a cost-effective price point, making…

Read More

'Hello' from Quectel's New Wi-Fi HaLow Module, Launched for Improved Indoor and Outdoor IoT

By: Alex Passett    3/23/2023

Quectel launched its IEE 802.11ah wireless networking protocol, known as Wi-Fi HaLow, for augmented IoT applications both indoors and outdoors.

Read More

The Future of IoT Core and Debating Build vs. Buy Options

By: Matthew Vulpis    3/23/2023

With large third-party providers sunsetting their IoT solutions, the time is now for organizations to make the choice to either build or buy.

Read More

Keyfactor Joins the CSA to Deepen IoT Connectivity and Secure Digital Trust

By: Alex Passett    3/21/2023

As the latest member of the Connectivity Standards Alliance (CSA), software company and IoT identity platform Keyfactor looks to better tap into the u…

Read More

A New Standard for Satellite IoT Connectivity: An emnify-Skylo Partnership

By: Alex Passett    3/20/2023

emnify recently announced that it will collaborate with Skylo. This will allow customers to use 3GPP Rel-17 NTN-compliant radio user equipment for ter…

Read More