Sequans Acquires Zurich-based ACP – IoT Business News

Sequans Acquires Zurich-based ACP
Strengthens Wireless IP and Expands Business Opportunities
The acquisition strengthens Sequans’ technology leadership in 5G eRedCap development and accelerates its time-to-market for next-generation IoT chips. In addition, ACP’s proven radio technology and successful track record in selling its technology across various wireless market segments are expected to create new growth opportunities for Sequans.
“We are thrilled to welcome the ACP team to Sequans,” said Georges Karam, Chairman and CEO of Sequans. “Their advanced, ready-to-use technology and engineering expertise perfectly complement our existing capabilities and will be instrumental in driving our product innovations forward.”
“Joining Sequans marks a pivotal moment for the ACP team,” said Dr. Qiuting Huang, CEO of ACP. “Sequans’ pioneering leadership in cellular IoT provides an ideal platform for integrating our technologies and accelerating innovation in the 5G IoT product roadmap.”
The acquisition brings a small, highly skilled team to Sequans with minimal impact on the company’s planned operating expenses for 2025. The acquisition is expected to generate modest revenue in 2025 and potentially contribute several million dollars in 2026 through ACP’s existing customer relationships.
Karam concluded:
“The 5G eRedCap market is expected to surpass 4G IoT in scale, and this acquisition strengthens Sequans’ ability to capture this expanding market opportunity.”
The deal, structured as a cash transaction, underscores Sequans’ ability to execute its strategy while maintaining disciplined financial management.
u-blox Announces Strategic Decision to Increase… u-blox, a global provider of leading positioning and wireless communication…
Digital Matter Launches Sustainable Solutions… Digital Matter continues to see its IoT solutions play a…
FOSSA Systems Launches Its New Generation of Nanosatellites On January 14th, the Spanish startup launches three FOSSASats aboard…
Sequans Acquires Zurich-based ACP Strengthens Wireless IP and Expands Business Opportunities Sequans Communications S.A.…
The Ultimate Guide to Investing in Connected Vending… Why Vending Machines Are a Smart Investment The world of…