# SEALSQ Corp signs agreement to acquire IC'ALPS

SEALSQ Corp, a member of the WISeKey Group, signed a Share Purchase Agreement to acquire 100% of IC'ALPS SAS, an ASIC design and supply specialist based in Grenoble, France. The transaction is expected to close in Q3 2025, subject to regulatory approval.

- Type: Acquisition
- Announced: 2025-05-27
- Where: Grenoble, France, France
- Status: announced
- Products: Application-Specific Integrated Circuits (ASIC), Systems on Chip (SoC)
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SEALSQ](https://endata.com/companies/82133.md) (acquirer)
- [IC'ALPS SAS](https://endata.com/companies/83197.md) (target)

## Sources

- [wisekey.com](https://www.wisekey.com/press/sealsq-corp-a-member-of-the-wisekey-group-signs-a-share-purchase-agreement-to-acquire-100-of-icalps/), 2025-05-27: "The proposed strategic Acquisition is now solely subject to the satisfaction of certain closing conditions including among others, approval of the Acquisition by the French Ministry of the Economy."

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