By Janmesh Chintankar

Semtech Corporation and Sierra Wireless, Inc., have announced the completion of Semtech’s acquisition of Sierra Wireless in an all-cash transaction representing a total enterprise value of approximately [$1.2 billion (€1.10 billion)]. This transaction nearly doubles Semtech’s annual revenue and adds approximately [$100 million (€100.00 million)] of high-margin IoT cloud services recurring revenues. Semtech expects the acquisition

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