Semtech (SMTC) Extends LPWAN Agreement with Comcast (CMCSA); Updates Q3 GAAP Outlook
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Drexel Hamilton Reiterates Buy as Semtech (SMTC) Signs Agreement with Comcast
October 6, 2016 7:03 AM EDTDrexel Hamilton reiterated a Buy rating and $32.00 price target on Semtech Corp. (NASDAQ: SMTC) following the company's announced signed agreement with Comcast to deploy trial LoRa WAN networks in the U.S.. As an incentive to accelerate Comcasts LoRa deployments, SMTC will issue... More
Semtech (SMTC), Comcast Enter IoT-Focused Joint Venture
October 5, 2016 4:02 PM EDTComcast today announced machineQ, a new business trial venture focused on building business-to-business solutions and a platform for the Internet of Things (IoT). As a part of machineQ, Comcast will work with select commercial partners in proof of concepts to use its network to enable partners to gather, transmit, and analyze data from connected devices distributed throughout their organizations.
Comcast will use Semtech Corporations (Nasdaq: SMTC) globally-proven LoRa® Wireless Radio Frequency Technology to deploy network trials in Philadelphia and San Francisco later this year. These trials will focus on enabling use cases such as... More
Semtech (SMTC) trading halted with news pending
October 5, 2016 4:00 PM EDTSemtech (NASDAQ: SMTC) trading halted with news pending.
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