Semtech : IBM Connects "Internet of Things" to the Enterprise

Camarillo, California - March 31, 2015

IBM today announced that it will invest $3 billion over the next four years to establish a new Internet of Things (IoT) unit, and that it is building a cloud-based open platform designed to help clients and ecosystem partners build IoT solutions.

Included in the press release was IBM Research and Semtech's recent announcement of new technology based on low-power, wide-area networks that offers significant advantages over cellular networks and wifi for providing machine-to-machine (M2M) communications. IBM is a member of the LoRa™ Alliance, based on Semtech's LoRa™ RF Platform.

To read the full press release, click here.

About Semtech

Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors for high-end consumer, computing, communications and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC.www.semtech.com.

Press Contact

Pauline Cadena, Public Relations, Telephone: (805) 389-2755

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