WISeKey’s SEALSQ Completes Acquisition of IC’ALPS, Boosting European Semiconductor Presence

WISeKey International Holding ( (WKEY) ) has provided an update.

On August 4, 2025, WISeKey’s subsidiary, SEALSQ Corp, completed the acquisition of IC’ALPS SAS, a French ASIC design services provider, after receiving approval from the French Ministry of the Economy. This acquisition, valued at EUR 12.5 million, significantly enhances SEALSQ’s presence in the European semiconductor sector by adding 90 employees from IC’ALPS. The strategic move aims to leverage SEALSQ’s quantum-resistant chip technology and IC’ALPS’ expertise in ASIC design to develop secure, tailor-made ASICs for high-stakes industries such as automotive, healthcare, and IoT. The collaboration is expected to address the growing demand for secure ASICs in a market projected to reach $36.8 billion by 2032.

The most recent analyst rating on (WKEY) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on WISeKey International Holding stock, see the WKEY Stock Forecast page.

Spark’s Take on WKEY Stock

According to Spark, TipRanks’ AI Analyst, WKEY is a Underperform.

WISeKey International Holding’s overall stock score is primarily impacted by significant financial challenges, including declining revenues and negative profit margins, which are compounded by bearish technical indicators and poor valuation metrics. Strategic initiatives and a strong cash position provide some optimism but are overshadowed by immediate financial concerns.

To see Spark’s full report on WKEY stock, click here.

More about WISeKey International Holding

WISeKey International Holding Ltd is a global leader in cybersecurity, digital identity, and IoT technologies. Its subsidiary, SEALSQ Corp, specializes in semiconductor-based PKI and post-quantum hardware/software security solutions, focusing on secure chip technology and quantum-resistant cryptography.

Average Trading Volume: 195,181

Technical Sentiment Signal: Buy

Current Market Cap: $66.5M

Learn more about WKEY stock on TipRanks’ Stock Analysis page.