Jul. 10 at 7:10 PM
$SQNS so apparently they have a
$QCOM connection lol
This is a legit company
Yes, there is a connection between Sequans and Qualcomm. Qualcomm acquired Sequans' 4G IoT technology in a deal that closed in late 2024, according to CRN Magazine. Sequans, a company specializing in 4G and 5G semiconductor solutions for the Internet of Things (IoT), sold its 4G IoT technology to Qualcomm for
$200 million. As part of the agreement, Sequans retained a perpetual license to continue using the technology commercially, allowing them to further develop their 4G business and advance their 5G portfolio. This acquisition strengthened Qualcomm's IoT portfolio, particularly in low-power cellular connectivity solutions for industrial applications.