Qualcomm and Sequans Forge Ahead with 4G IoT Technology Sale
Thursday, 22 August 2024, 20:00
Qualcomm and Sequans Enhance 4G IoT Technology Landscape
In a transformative move for the IoT sector, Qualcomm has officially reached an agreement with Sequans regarding the sale of their 4G IoT technology. This development not only bolsters Qualcomm's influence within the Industrial IoT realm but also ensures that Sequans retains full commercial rights to the technology through a perpetual license agreement.
The Implications of the Agreement
- Strengthening Qualcomm's Position: By acquiring this innovative technology, Qualcomm further cements its standing as a key player in the Industrial IoT market.
- Sequans' Ongoing Role: Sequans will continue to develop and offer IoT solutions that leverage this technology, further advancing their product lineup.
For those looking to grasp the full impact of this strategic agreement and what it means for the future of IoT, stay tuned for detailed insights.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.