Sequans Communications S A (SQNS) has released an update.
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Qualcomm Incorporated has acquired Sequans Communications S.A.’s 4G IoT technology, strengthening its portfolio and maintaining Sequans’ ability to use and advance the acquired tech. Qualcomm plans to integrate this technology into its range of connectivity solutions for IoT, enhancing its edge intelligence offerings. Sequans will continue to support its customers with its robust technology suite, including upcoming 5G innovations, benefiting from the transaction financially and strategically.
For further insights into SQNS stock, check out TipRanks’ Stock Analysis page.

