
Sequans buys Swiss IP firm in 5G eRedcap push

Sequans Communications in France has bought Advanced Circuit Pursuit AG in Zurich for its IP portfolio and expertise in RF CMOS technology.
The acquisition strengthens the Sequans position in 5G enhanced reduced capacity (eRedCap) after a failed acquisition bid by Renesas Electronics last year.
Sequans cuts its R&D after the deal collapsed in February 2024 and sold its 4G Internet of Things (IoT) chip business to Qualcomm Technologies in August. The undisclosed cash deal to buy ACP is aimed at speeding up the development of next-generation Redcap IoT chips. ACP has 50 staff in Zurich and the acquisition is expected to generate modest revenue in 2025 and potentially contribute several million dollars in 2026 through ACP’s existing customer relationships.
“We are thrilled to welcome the ACP team to Sequans,” said Georges Karam, Chairman and CEO of Sequans. “Their advanced, ready-to-use technology and engineering expertise perfectly complement our existing capabilities and will be instrumental in driving our product innovations forward.”
“Joining Sequans marks a pivotal moment for the ACP team,” said Dr. Qiuting Huang, CEO of ACP. “Sequans’ pioneering leadership in cellular IoT provides an ideal platform for integrating our technologies and accelerating innovation in the 5G IoT product roadmap.”
“The 5G eRedCap market is expected to surpass 4G IoT in scale, and this acquisition strengthens Sequans’ ability to capture this expanding market opportunity,” said Karam.
