French IoT module provider Sequans Communications has acquired Advanced Circuit Pursuit (ACP), a Swiss company recognised for its IP portfolio and expertise in RF CMOS technology.

The acquisition strengthens Sequans’ technology position in 5G eRedCap development and should accelerate its time to market for IoT chips. In addition, ACP’s radio technology and track record in selling its technology across various wireless market segments are expected to create growth opportunities for Sequans.

“We are thrilled to welcome the ACP team to Sequans,” said Georges Karam, 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.”

Qiuting Huang, CEO of ACP, added: “Joining Sequans marks a pivotal moment for the ACP team. Sequans’ pioneering leadership in cellular IoT provides an ideal platform for integrating our technologies and accelerating innovation in the 5G IoT product roadmap.”

The acquisition brings a small, highly skilled team to Sequans with little impact on the company’s planned operating expenses for 2025. The acquisition is expected to generate modest revenue in 2025 and potentially contribute several million dollars in 2026 through ACP’s existing customer relationships.

“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.

The deal, structured as a cash transaction, underscores Sequans’ ability to execute its strategy while maintaining disciplined financial management.

Sequans (sequans.com) is a semiconductor company specialising in wireless cellular technology for the IoT. Its engineers design and develop secure and scalable technologies that power connected devices. Established in 2003, Sequans is headquartered in France and has offices in the USA, UK, Israel, Hong Kong, Singapore, Finland, Taiwan and China.

ACP (newacp.ch) is a specialist in integrated circuits for cellular communications. Headquartered in Zürich, Switzerland, it offers a portfolio of RF transceivers and SoCs for cellular IoT and 5G-enabled enhanced mobile broadband (EMB).