# SEMTECH CORP (SMTC) — divestiture/asset_sale [pending]
Source: SEC API (secapi.ai) · situation sit_f7761a234837bfff334c · retrieved 2026-08-17T03:19:46.572Z

## Overview
Semtech Corporation is a leading provider of high-performance semiconductors powering AI data center networking, IoT connectivity and intelligent connected devices worldwide.

Semtech Corporation entered into a definitive agreement to sell its cellular module business to Compal Electronics, Inc. for $62 million in cash, subject to customary adjustments. The transaction includes substantially all assets and operations comprising Semtech's cellular module business, including associated intellectual property, customer relationships, and personnel. The transaction is expected to close during the fourth quarter of Semtech's 2027 fiscal year, subject to satisfaction or waiver of customary closing conditions, including receipt of certain regulatory approvals. Both Semtech's and Compal's Boards of Directors have approved the transaction.

## Terms
- Counterparty: Compal Electronics, Inc. · Deal value: $62.0M · Consideration: cash

## Key dates
- Announced 2026-08-13 · Expected close 2026-10-31

## Timeline
- 2026-08-13 · 8-K (0001193125-26-347716): 8-K - SEMTECH CORP — *Semtech Corporation is a leading provider of high-performance semiconductors powering AI data center networking, IoT connectivity and intelligent connected devices worldwide.* Semtech Corporation entered into a definitive agreement to sell its cellular module business to Compal Electronics, Inc. for $62 million in cash, subject to customary adjustments. The transaction includes substantially all assets and operations comprising Semtech's cellular module business, including associated intellectual property, customer relationships, and personnel. The transaction is expected to close during the fourth quarter of Semtech's 2027 fiscal year, subject to satisfaction or waiver of customary closing conditions, including receipt of certain regulatory approvals. Both Semtech's and Compal's Boards of Directors have approved the transaction.
  https://www.sec.gov/Archives/edgar/data/88941/0001193125-26-347716.txt

## Citations
- 0001193125-26-347716 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526347716