Camarillo-based Semtech, the supplier of analog and mixed signal semiconductors, said late Wednesday that it has acquire French firm Cycleo SAS. Cycleo develops wireless, long-range semiconductors used for smart energy meters and for the industrial and consumer markets. Semtech said that the deal is worth $5M in cash on closing, plus up to $16M in earn out over the next four years, based on revenue and profit goals. Semtech said it will be incorporating Cycleo's technology into its future, RF platforms.
Top NewsThursday, March 8, 2012
Semtech Acquires Wireless Semiconductor Maker Cycleo