Renesas to Acquire Cellular IoT Technology Leader Sequans Through Tender Offer
The Acquisition of Sequans Will Allow Renesas to Extend More Comprehensive IoT Solution Offering ...
Source: marketscreener.com
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New Electronics - Renesas to acquire cellular IoT technology leader Sequans
Renesas Electronics has announced that it is to acquire Sequans Communications, a specialist in 5G/4G cellular IoT chips and modules, in a deal that values the company at $249 million.
Source: newelectronics.co.uk
Sequans Communications S A : Memorandum of Understanding by and between Renesas Electronics Corporation and Sequans Communications S.A., dated as of August 4, 2023
EXECUTION VERSION MEMORANDUM OF UNDERSTANDING BY AND BETWEEN RENESAS ELECTRONICS CORPORATION ...
Source: marketscreener.com
Cellular IoT Technology: Renesas Wants to Acquire Sequans Through Tender Offer
Renesas Electronics and Sequans Communications have signed a Memorandum of Understanding (MoU) providing for the acquisition of Sequans by Renesas. Prior to this, the Sequans works council must be consulted and a positive recommendation must be made by the Sequans board.
Source: elektroniknet.de
Renesas to acquire cellular IoT technology company Sequans
Renesas and Sequans Communications have entered into a memorandum of understanding, under which Renesas will – following consultation of the Sequans’ works council – commence a tender offer to acquire all outstanding ordinary shares of Sequans.
Source: evertiq.com