CAMARILLO, Calif. & NEW YORK, March 20, 2023--Semtech Corporation (Nasdaq: SMTC) ("Semtech" or the "Company"), a high-performance semiconductor, IoT systems and Cloud connectivity service provider, today announced that it has entered into a Cooperation Agreement (the "Cooperation Agreement") with Lion Point Capital, LP ("Lion Point"), an investment firm and one of the Company’s largest stockholders, with beneficial ownership of approximately 4% of Semtech’s outstanding shares of common stock.
Semtech (SMTC) extends its LoRa portfolio offerings with a new transceiver, strengthening its IoT market reach.
CAMARILLO, Calif., March 16, 2023--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and service provider, today announced that Mohan Maheswaran intends to retire from his role as Semtech’s president and chief executive officer after having served in such capacity for 17 years. Mr. Maheswaran has committed to providing 18 months of transition support to the company – continuing in his role as chief executive officer until a to-be-determined date as the company con