Sequans Communications S.A. announced on January 21, 2025, the acquisition of ACP Advanced Circuit Pursuit AG, a Zurich-based company. This acquisition strengthens Sequans' technology leadership in 5G eRedCap development and accelerates its time-to-market for next-generation IoT chips.
ACP's robust IP portfolio and expertise in RF CMOS technology are expected to create new growth opportunities for Sequans. The acquisition brings proven radio technology and a successful track record in selling technology across various wireless market segments.
The deal, structured as a cash transaction, is expected to have minimal impact on Sequans' planned operating expenses for 2025. Management projects modest revenue generation in 2025 and several million dollars in 2026 from ACP's existing customer relationships.
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