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Qualcomm has acquired 4G IoT technology from Sequans Communications for an undisclosed sum. Sequans retains a perpetual license to use the technology and continues to own its 5G portfolio.
“This acquisition of Sequans’ 4G IoT technology adds to Qualcomm’s broad portfolio, further strengthening our offerings across enterprise customers of low-power solutions for reliable, optimised cellular connectivity for Industrial IoT applications.”capacitymedia.com
Summarized from public sources; check the original articles before acting on it.