Semtech Corporation (NASDAQ:SMTC) Files An 8-K Regulation FD Disclosure

Semtech Corporation (NASDAQ:SMTC) Files An 8-K Regulation FD Disclosure

Story continues below

Item7.01 Regulation FD Disclosure.

On June29, 2017, Semtech Corporation (the Company) issued a press
release announcing the signing of a definitive agreement to
acquire AptoVision Technologies Inc., a privately-held provider
of uncompressed, zero-frame latency, Video over IP solutions
addressing the exciting Pro AV market. A copy of the press
release is attached hereto as Exhibit 99.1 and is incorporated
into this Item7.01 by reference.

The information in this Item7.01 and the related Exhibit 99.1
shall not be deemed filed for purposes of Section18 of the
Securities Exchange Act of 1934, as amended (Exchange Act), or
otherwise subject to the liabilities under that section and shall
not be deemed incorporated by reference into any filing by the
Company under the Securities Act of 1933, as amended or the
Exchange Act, regardless of any general incorporation language
contained in such filing, unless otherwise expressly stated in
such filing.

Item9.01 Financial Statements and Exhibits.


The following exhibit is being furnished as part of this report:



Exhibit99.1 Press Release dated June 29, 2017

EX-99.1 2 d420593dex991.htm EX-99.1 EX-99.1 Exhibit 99.1   FOR IMMEDIATE RELEASE Contact: Sandy Harrison Semtech Corporation (805) 480-2004 [email protected] Semtech Announces Definitive Agreement to Acquire AptoVision     •   Adds Video over IP technology for the Pro AV market to Semtech’s established broadcast video portfolio     •   Over 30 employees to join Semtech in Montreal facility     •   Purchase price of approximately $28 million and contingent consideration of up to $47 million based on future financial goals     •   Deal expected to be neutral to Semtech’s FY2018 non-GAAP earnings and accretive to FY2019 non-GAAP earnings CAMARILLO,…
To view the full exhibit click here
About Semtech Corporation (NASDAQ:SMTC)

Semtech Corporation is a supplier of analog and mixed-signal semiconductor products. The Company’s product lines include Signal Integrity, Protection, Wireless and Sensing, and Power and High-Reliability. It designs, develops and markets a portfolio of optical communications, broadcast video, surveillance video, active cable transceiver and backplane products used in enterprise computing, industrial, communications and consumer applications. It designs, develops and markets protection devices, which are referred to as transient voltage suppressors (TVS). Its protection products are found in applications, including smart phones and tablets. It designs, develops and markets a portfolio of radio frequency products used in a range of industrial, medical and communications applications, and sensing products used in industrial and consumer applications. It designs, develops and markets power product devices that control, alter, regulate and condition the power within electronic systems.

An ad to help with our costs