# Semtech to acquire Sierra Wireless for $1.2 billion

Semtech Corporation announced a definitive agreement to acquire all outstanding shares of Sierra Wireless for $31 per share in an all-cash transaction, representing an enterprise value of approximately $1.2 billion.

- Type: Acquisition
- Announced: 2022-08-02
- Where: United States
- Value: $1.20B
- Status: announced
- Products: IoT solutions, LoRa technology, cellular modules
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Semtech](https://endata.com/companies/16112.md) (acquirer)
- [Sierra Wireless](https://endata.com/companies/48867.md) (target)

## Sources

- [semtech.com](https://www.semtech.com/company/press/semtech-corporation-to-acquire-sierra-wireless), 2022-08-02: "Semtech Corporation ... and Sierra Wireless ... today announced a definitive agreement under which Semtech will acquire all outstanding shares of Sierra Wireless for US$31 per share in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.