Sequans Acquires Zurich-based ACP
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Sequans Communications S.A. (NYSE: SQNS) has acquired Zurich-based ACP Advanced Circuit Pursuit AG to strengthen its wireless IP and expand business opportunities. ACP is known for its IP portfolio and RF CMOS technology expertise.
January 21, 2025 | 1:15 pm
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Sequans Communications has acquired ACP to enhance its wireless IP capabilities and expand its business opportunities, particularly in the 4G and 5G semiconductor market.
The acquisition of ACP by Sequans is likely to positively impact SQNS's stock price in the short term as it enhances the company's IP portfolio and technological capabilities in the 4G and 5G markets, which are critical for growth in the IoT sector.
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