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Qualcomm Enters Definitive Deal To Buy Sequans' 4G IoT Technologies; No Terms Disclosed

Author: Benzinga Newsdesk | August 23, 2024 06:03am

The acquisition includes certain employees, assets and licenses. The transaction is subject to customary closing conditions, including French regulatory approval.

Sequans will retain full rights to continue to use the technology commercially, via a perpetual license agreement, supporting the company's ability to expand its 4G business and develop its 5G portfolio.

Posted In: QCOM SQNS


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