Sequans

Sequans Board of Directors Recommends that Shareholders Accept Renesas Tender Offer and Tender Shares

Retrieved on: 
Wednesday, August 16, 2023

The Sequans Board recommends that the holders of outstanding ordinary shares, including American Depositary Shares ("ADSs") of Sequans (each ADS representing four ordinary shares), accept Renesas' offer and tender their outstanding ordinary shares and ADSs to Renesas in such offer.

Key Points: 
  • The Sequans Board recommends that the holders of outstanding ordinary shares, including American Depositary Shares ("ADSs") of Sequans (each ADS representing four ordinary shares), accept Renesas' offer and tender their outstanding ordinary shares and ADSs to Renesas in such offer.
  • The closing of Renesas' tender offer will be subject to the valid tender pursuant to the tender offer of ordinary shares and ADSs of Sequans representing at least 90% of the outstanding share capital of Sequans on a fully diluted basis, including Sequans shares owned by Renesas, confirmation of tax treatment from relevant authorities, receipt of required regulatory approvals and other customary closing conditions.
  • In connection the proposed acquisition of Sequans Communications S.A. ("Sequans") by Renesas Electronics Corporation, a Japanese corporation ("Parent" or "Renesas"), Parent will commence, or will cause to be commenced, a tender offer for all of the outstanding ordinary shares, American Depositary Shares of Sequans.
  • At the time that the tender offer is commenced, Parent and Purchaser will file tender offer materials on Schedule TO with the SEC, and Sequans will file a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC with respect to the tender offer.

 Renesas to Acquire Cellular IoT Technology Leader Sequans Through Tender Offer

Retrieved on: 
Monday, August 7, 2023

“Sequans is a leader in the fast-growing cellular IoT market with wide cellular IoT network coverage.

Key Points: 
  • “Sequans is a leader in the fast-growing cellular IoT market with wide cellular IoT network coverage.
  • Renesas and Sequans have been collaborating since 2020 to deliver full-scale solutions that combine Renesas’ embedded processors and analog front-end products with Sequans’ wireless chipsets for massive IoT and broadband IoT applications.
  • If, upon completion of the appropriate works council consultation, Sequans’ Board recommends the tender offer to the holders of Sequans’ ordinary shares and ADSs, Renesas will commence the tender offer thereafter.
  • In addition to the terms of the tender offer, the MoU contains customary representations, warranties and undertakings by Sequans and Renesas.

Sequans and Geotab Extend Relationship with Adoption of Calliope 2 Cat 1bis Technology

Retrieved on: 
Thursday, May 25, 2023

Paris, France and Toronto, Ontario--(Newsfile Corp. - May 25, 2023) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans"), a leader in 5G/4G cellular IoT chips and modules today announced that Geotab® Inc. ("Geotab"), a global leader in connected transportation solutions, has selected Sequans' Calliope 2 Cat 1bis technology as a part of its product strategy.

Key Points: 
  • Paris, France and Toronto, Ontario--(Newsfile Corp. - May 25, 2023) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans"), a leader in 5G/4G cellular IoT chips and modules today announced that Geotab® Inc. ("Geotab"), a global leader in connected transportation solutions, has selected Sequans' Calliope 2 Cat 1bis technology as a part of its product strategy.
  • "When selecting suppliers, our objective is to understand what technology will best meet the needs of our customers today and in the future," said Anthony Middleton, Vice President, Hardware Programs and Technology, Geotab.
  • "We have been a supplier to Geotab for many years now, recording great success, and we look forward to continuing this success with our latest and most advanced Calliope 2 technology."
  • The Sequans' Calliope 2 Cat 1bis technology selected by Geotab offers optimized connectivity and provides significant improvements in performance and power consumption, while providing seamless migration.

Sequans and Geotab Extend Relationship with Adoption of Calliope 2 Cat 1bis Technology

Retrieved on: 
Thursday, May 25, 2023

PARIS and TORONTO, ON , May 25, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) ("Sequans"), a leader in 5G/4G cellular IoT chips and modules today announced that Geotab® Inc. ("Geotab"), a global leader in connected transportation solutions, has selected Sequans' Calliope 2 Cat 1bis technology as a part of its product strategy.

Key Points: 
  • PARIS and TORONTO, ON , May 25, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) ("Sequans"), a leader in 5G/4G cellular IoT chips and modules today announced that Geotab® Inc. ("Geotab"), a global leader in connected transportation solutions, has selected Sequans' Calliope 2 Cat 1bis technology as a part of its product strategy.
  • "When selecting suppliers, our objective is to understand what technology will best meet the needs of our customers today and in the future," said Anthony Middleton, Vice President, Hardware Programs and Technology, Geotab.
  • "We have been a supplier to Geotab for many years now, recording great success, and we look forward to continuing this success with our latest and most advanced Calliope 2 technology."
  • The Sequans' Calliope 2 Cat 1bis technology selected by Geotab offers optimized connectivity and provides significant improvements in performance and power consumption, while providing seamless migration.

Actility Selects iBASIS and Sequans to Deploy LTE-M Solutions With eSIM and iSIM

Retrieved on: 
Thursday, March 2, 2023

Actility will also benefit from Sequans Monarch 2 being the first iSIM implementation that has achieved common criteria EAL5+ certification, allowing the use of iBASIS’ intelligent profile selection technology with remote update using multiple Tier-1 operator profiles as provided for eSIM.

Key Points: 
  • Actility will also benefit from Sequans Monarch 2 being the first iSIM implementation that has achieved common criteria EAL5+ certification, allowing the use of iBASIS’ intelligent profile selection technology with remote update using multiple Tier-1 operator profiles as provided for eSIM.
  • iSIM is fully integrated in the cellular modem and microcontroller unit on a single system on chip (SoC).
  • It relies on the existing eSIM infrastructure accessing 2/3/4/5G networks using the global footprint of iBASIS.
  • Sequans Communications S.A. (NYSE: SQNS) is a leading developer and supplier of cellular IoT connectivity solutions, providing chips and modules for 5G/4G massive and broadband IoT.

Actility Selects iBASIS and Sequans to Deploy LTE-M Solutions With eSIM AND iSIM

Retrieved on: 
Wednesday, March 1, 2023

iBASIS and Sequans have been selected by Actility to meet its delivery schedule for eSIM and iSIM.

Key Points: 
  • iBASIS and Sequans have been selected by Actility to meet its delivery schedule for eSIM and iSIM.
  • iBASIS and Sequans now considered frontrunners in programmable cellular IoT solutions; integrated deployments expected to represent up to 82% of total eSIM-capable device shipments by 2030.
  • The move to iSIM comes as a result of 3+ years of R&D and close collaboration between iBASIS, Sequans, and other IoT ecosystem partners.
  • and PARIS, March 1, 2023 /PRNewswire/ -- iBASIS, the leading provider of communications solutions for operators and digital players worldwide, and Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G chips and modules, today announced that Actility, a leading provider of IoT connectivity platform, has chosen iBASIS and Sequans to roll out programmable cellular IoT solutions with eSIM and iSIM.

Nestwave Announces that Renesas has Adopted its IoT Geolocation Technology for Forthcoming LTE-M/NB-IoT Module

Retrieved on: 
Wednesday, July 6, 2022

PARIS, July 6, 2022 /PRNewswire-PRWeb/ -- Nestwave, a global leader in low-power geolocation for the IoT, has announced that Renesas will be employing Nestwave technology in a new LTE-M/NB-IoT platform that the semiconductor manufacturer will be launching as a result of its licensing agreements with Sequans Communications, a leading provider of cellular IoT chips and modules.

Key Points: 
  • Nestwave's collaboration with Renesas follows last year's announcement that the company's technology had been integrated into the Sequans GM02SP module based on the second generation Sequans Monarch 2 LTE-M/NB-IoT chipset.
  • The new Renesas module, that will sample later this year, is also based on Monarch 2 and will deploy Nestwave's innovative NestCore IP.
  • Nestwave enables the proliferation of IoT geolocation by providing the smallest, most power efficient, lowest component count solutions.
  • And by combining lower power consumption with the use of fewer components, Nestwave solutions contribute to environmental sustainability and reduced carbon footprints.

New 8-bit MCU Development Board Connects to 5G LTE-M Narrowband-IoT Networks

Retrieved on: 
Tuesday, June 21, 2022

The AVR-IoT Cellular Mini Development Board is a small form factor board, making it an ideal solution for developers who want to connect IoT devices to an available 5G network.

Key Points: 
  • The AVR-IoT Cellular Mini Development Board is a small form factor board, making it an ideal solution for developers who want to connect IoT devices to an available 5G network.
  • Customers can tap into the flexibility and ease of design offered in the latest AVR128DB48 8-bit MCU family, including security protection with Microchips ATECC608 CryptoAuthentication device.
  • The AVR-IoT Cellular Mini Development Board comes pre-configured to send data from on-board light and temperature sensors to the cloud, viewable using Microchips sandbox portal.
  • The AVR-IoT Cellular Mini Development Board is a great solution for makers and hobbyists as it fits the Adafruit Feather form factor.

Sequans in Collaboration with EchoStar Mobile Adds Support for LTE Band 65 to its Cassiopeia LTE-Advanced Platform

Retrieved on: 
Tuesday, December 21, 2021

"Our collaboration with EchoStar Mobile on Band 65 support is the latest development we've undertaken to enable LTE to satellite communications, and we are excited about the new broadband IoT applications that are now possible using this new technology," said Georges Karam, Sequans CEO.

Key Points: 
  • "Our collaboration with EchoStar Mobile on Band 65 support is the latest development we've undertaken to enable LTE to satellite communications, and we are excited about the new broadband IoT applications that are now possible using this new technology," said Georges Karam, Sequans CEO.
  • "EchoStar Mobile is working on some of the world's most exciting communications projects, and we are pleased to contribute our technology in support of their long-term spectrum utilization strategy."
  • This project with EchoStar Mobile was undertaken as part of Sequans "Custom Technology Solutions" initiative where Sequans experts address some of the world's most difficult and exciting communications challenges.
  • Cassiopeia features Sequans' advanced receiver technology for improved performance and can support additional optional features, including envelope tracking and secure boot.

Sequans' Monarch 2 GM02S Module Successfully Completes Interoperability Testing for Use in Japan by NTT DOCOMO and KDDI

Retrieved on: 
Monday, December 13, 2021

PARIS, Dec. 13, 2021 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) announced successful completion of interoperability testing of its Monarch 2 GM02S module with NTT DOCOMO, INC.and KDDI, two of Japan's largest mobile operators.

Key Points: 
  • PARIS, Dec. 13, 2021 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) announced successful completion of interoperability testing of its Monarch 2 GM02S module with NTT DOCOMO, INC.and KDDI, two of Japan's largest mobile operators.
  • "Our IoT customers will benefit from the maturity and ultra-low power consumption of Sequans' Monarch 2 GM02S module," said Yoshiki Fujima,General Manager of Solution Service Department,NTT DOCOMO.
  • "Sequans' Monarch 2 GM02S module is one of the most advanced cellular IoT connectivity solutions in the market today," said Hiroshi Tsuji, General Manager of Service & Product Technology Department, KDDI.
  • This new step is expanding the reach of Monarch 2 GM02S module already largely used in Europe and North America."