Semtech Corporation is a supplier of analog and mixed-signal semiconductors and advanced algorithms for consumer, enterprise computing, communications and industrial end-markets. It is based in Camarillo, Ventura County, Southern California. It was founded in 1960 in Newbury Park, California. It has 32 locations in 15 countries in North America, Europe, and Asia.[2]

Semtech Corporation
TypePublic company
Founded1960; 63 years ago (1960) in Newbury Park, California
HeadquartersCamarillo, California, U.S.
Key people
Rockell N. Hankin
Mohan R. Maheswaran
(President and CEO)
RevenueIncrease US$741 million (2022)
Increase US$145 million (2022)
Increase US$126 million (2022)
Total assetsIncrease US$1.13 billion (2022)
Total equityIncrease US$738 million (2022)
Number of employees
1,439 (2022)
Footnotes / references
Financials as of January 31, 2022[1]

Semtech is the developer of LoRa, a long-range networking initiative for the Internet of Things.[3] As of March 2021, over 178 million devices use LoRa worldwide.[4] LoRa has been used in satellites, tracking of animals,[5] UAV radio control,[6] and natural disaster prediction,[7]

Semtech has been publicly traded since 1967. In 1995, Semtech ranked fifth on the Bloomberg 100 list of top-performing stocks of 1995 on the New York and American stock exchanges and the NASDAQ National Market.[8]


Semtech offers a variety of products, including LoRa, a long-range, low-power networking platform; receivers and transmitters; touch and proximity devices; wireless charging; and power management solutions.[9]


In December 1999, Semtech bought USAR Systems Inc., a maker of embedded devices for handheld and notebook computers, for $26.7 million in stock.[10][11]

In March 2012, it bought Gennum Corporation, a supplier of high-speed analog semiconductors, for approximately CAD$500 million (US$494 million).[12] In the same month, they acquired Cycleo SAS, a supplier of wireless semiconductor products, for $5 million in cash.[13][14][15]

In August 2022, Semtech agreed to buy Canadian Internet of things (IoT) technology company Sierra Wireless in an all-cash transaction valued at US$1.2 billion including debt.[16]


  1. ^ "Form 10-K". U.S. Securities and Exchange Commission. 16 March 2022.
  2. ^ "Semtech Corporation | Company Overview | Semtech". Retrieved 2021-03-26.
  3. ^ "Semtech's LoRa Technology will support 80 million LoRa-enabled end nodes by early 2019". IoT Business News. 2018-09-13. Retrieved 2019-06-23.
  4. ^ "Semtech LoRa Technology Overview | Semtech". Retrieved 2021-03-26.
  5. ^ "IoT Aims to Track Free-Ranging Reindeer in Finland | RFID JOURNAL". Retrieved 2021-03-26.
  6. ^ "Review: TBS Tracer RC System (Module and Receiver)". 13 June 2021.
  7. ^ "IoT is revolutionizing natural disaster prediction - IoT Agenda". Retrieved 2021-03-26.
  8. ^ "Semtech Corp. Ranks 5th on Bloomberg List of 100 Top Stocks". Los Angeles Times. 2019-05-14. Archived from the original on 14 May 2019. Retrieved 2019-06-23.
  9. ^ "Analog and Mixed-Signal Semiconductor Products | Semtech | Semtech". Retrieved 2021-03-26.
  10. ^ "Company News; Semtech Acquires Usar, Computer Component Maker". Bloomberg News. 1999-12-07. ISSN 0362-4331. Retrieved 2019-06-23.
  11. ^ "Semtech acquires USAR Systems | EE Times". Retrieved 2021-03-26.{{cite web}}: CS1 maint: url-status (link)
  12. ^ "Semtech Announces Plans to Acquire Gennum Corporation". 2012-01-24. Retrieved 2021-03-26.
  13. ^ "Semtech (SMTC)". Forbes. Retrieved 2020-04-29.{{cite web}}: CS1 maint: url-status (link)
  14. ^ "Semtech Acquires Wireless Long Range IP Provider Cycleo". 2012-03-07. Retrieved 2021-03-26.
  15. ^ "Semtech buys Cycleo for $5 million - L.A. Biz". Retrieved 2021-03-26.{{cite web}}: CS1 maint: url-status (link)
  16. ^ Hammond, Ed; Baker, Liana (2022-08-02). "Semtech Agrees to Buy Sierra Wireless at $1.2 Billion Value". Bloomberg News.

External linksEdit

  • Official website
  • Business data for Semtech Corporation: