Semtech Expands Canadian Distribution Footprint With GetWireless, A Value-Added Distributor Of Cellular Solutions That Connect The Internet Of Things
Portfolio Pulse from Benzinga Newsdesk
Semtech Corporation (NASDAQ:SMTC) has expanded its distribution network in Canada by partnering with GetWireless, a distributor of IoT cellular solutions. This move aims to enhance Semtech's reach in the IoT market.
September 05, 2024 | 12:20 pm
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Semtech Corporation has partnered with GetWireless to expand its distribution network in Canada, focusing on IoT solutions. This strategic move is likely to enhance Semtech's market presence and sales in the IoT sector.
The partnership with GetWireless is a strategic expansion for Semtech, likely to increase its market reach and sales in the IoT sector. This positive development is expected to have a favorable impact on Semtech's stock price in the short term.
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