Semtech acquires IC Interconnect for $7 million

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Semtech acquires IC Interconnect for $7 million

By Staff Report / Thursday, May 3rd, 2018 / Comments Off on Semtech acquires IC Interconnect for $7 million

Camarillo connected device company Semtech announced its acquisition of Colorado Springs electronics company IC Interconnect for about $7 million. The deal, funded using current cash assets, strengthens Semtech’s research and development capabilities in the U.S., particularly in products that protect devices like smartphones, tablets and wearables from electric overload, the company said in a news…

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