Semtech Announced Definitive Agreement To Sell Cellular Module Business To Compal Electronics For $62M In Cash
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Why It Matters
Semtech is selling one part of its business (the cellular module unit) to another company for $62 million in cash. When a company sells a piece of itself, watch to see if it helps them focus better on what's left or if it means they're struggling.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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