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Qualcomm Technologies has entered a definitive agreement to buy Sequans Communications' 4G IoT technologies, including certain employees, assets and licenses. The transaction is subject to French regulatory approval.
“Qualcomm and Sequans Communications S.A. today announced that they have entered into a definitive agreement for Qualcomm to buy Sequans’ 4G IoT technologies.”sequans.com
Summarized from public sources; check the original articles before acting on it.