Sequans Sells 4G IoT Technology to Qualcomm in $200 Million Deal
The deal sparks company stock growth by 200 percent
Strengthening its industrial IoT portfolio, Qualcomm QCOM 0.00%↑ last week purchased Sequans’ SQNS 0.00%↑ 4G IoT for $200 million. The deal’s terms call for France-based Sequans to receive $185 million in cash, with $175…
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