Qualcomm Acquires Sequans’ 4G IoT Tech

Sequans Communications S A (SQNS) has released an update.

Qualcomm Incorporated has acquired Sequans Communications S.A.’s 4G IoT technology, aiming to enhance Qualcomm’s IoT connectivity solutions with Sequans’ low-power, high-performance technology. Sequans will retain a perpetual license to the technology, ensuring ongoing innovation and customer support for its 4G and upcoming 5G products. The deal is expected to bolster Sequans’ market position with a strong balance sheet and a commitment to delivering top-tier IoT products and services.

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