Semtech to divest cellular module business to Compal Electronics for $62M cash

Filed August 13, 2026 · Period ending August 13, 2026 · ~1 min read

Key Changes

• high

  Semtech entered into a definitive agreement to sell its cellular module business to Compal Electronics (TWSE: 2324) for $62 million in cash, subject to customary adjustments. The transaction includes substantially all assets, IP, customer relationships, and personnel of the cellular module segment.

  Item 8.01 verify on EDGAR →
• high

  CEO Hong Hou stated the divestiture allows Semtech to sharpen focus on its core growth areas: data center and LoRa connectivity, reflecting portfolio discipline to concentrate resources where the company has strongest conviction in growth and industry leadership.

  Exhibit 99.1 view on EDGAR →
• medium

  The transaction is expected to close in Q4 of Semtech's fiscal year 2027, subject to customary closing conditions including regulatory approvals. Both companies' boards have approved the agreement.

  Exhibit 99.1 view on EDGAR →