LoRa Technology creates IoT solutions that help
reduce costs from appliance use to outdoor monitoring
Semtech Corporation (Nasdaq: SMTC), a leading supplier of
high performance analog and mixed-signal semiconductors and
advanced algorithms, announced it has joined the Continental
Automated Buildings Association (CABA), an international non-profit
industry association for the advancement of smart home and building
technologies. In joining the association, Semtech brings its proven
LoRa® devices and wireless radio frequency technology (LoRa
Technology) for Internet of Things (IoT) to CABA’s extensive
portfolio of smart home and building technologies.
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Semtech joins CABA (Graphic: Business
Wire)
“Our mission is to enable organizations and individuals to make
smarter decisions about the integration of technology in homes and
buildings,” said Ronald J. Zimmer, President and CEO of CABA.
“Semtech’s LoRa Technology enables the simplification of deployment
and acceleration to market of IoT devices. By joining CABA, Semtech
will now have greater access to members of the smart home and
building ecosystem for collaboration and the proliferation of
LoRa-based solutions in this vertical.”
An organization of over 380 companies and more than 27,000
industry professionals, CABA specializes in the design,
manufacture, installation, and retailing of home and building
automation products. CABA assists members to increase market share
by providing relevant products and services, such as networking
opportunities, multi-disciplinary partnerships and strategic
alliances between CABA members and external stakeholders.
Statista predict that the smart home market will be worth
approximately $40 billion in the U.S. alone by 2020. However, the
IoT’s economic impact on factories, retail settings, work sites,
offices, and homes could total as much as $6.3 trillion by 2025. In
addition to hardware in commercial, retail and industrial
buildings, IoT will have a significant effect on building
management software, applications, and services. Semtech’s LoRa
Technology is uniquely equipped to handle the challenges of smart
home and building applications. LoRa-based sensors and gateways
deploy quickly into buildings with minimal additional
infrastructure, such as wiring. LoRa-based solutions scale by the
number of devices and can connect skyscrapers and large campuses,
as well as single-family homes. These devices provide the
connectivity to monitor data in real time from water shut-off to
outdoor control and monitoring.
“Semtech’s LoRa Technology enables innovative solutions that are
easy to deploy and scale by number of sensors to connect even the
biggest, most challenging use cases,” said Byron BeMiller, Director
of Product Management for Semtech’s Wireless and Sensing Products
Group. “By joining CABA, Semtech aims to push the continued growth
of LoRa Technology for the smart home and building market, making
the technology more accessible to CABA’s members, including
government entities, utility providers, and system integrators.
LoRa-based smart home and building solutions are proven, providing
the data necessary for customers to experience real ROI.”
About Semtech’s LoRa® Devices and Wireless RF
Technology
Semtech’s LoRa devices and wireless radio frequency technology
is a widely adopted long-range, low-power solution for IoT that
gives telecom companies, IoT application makers and system
integrators the feature set necessary to deploy low-cost,
interoperable IoT networks, gateways, sensors, module products, and
IoT services worldwide. IoT networks based on the LoRaWAN®
specification have been deployed in 100 countries and Semtech is a
founding member of the LoRa Alliance™, the fastest growing IoT
Alliance for Low Power Wide Area Network applications. To learn
more about how LoRa enables IoT, visit Semtech’s LoRa
site.
About The Continental Automated Buildings Association
(CABA)
CABA is an international not-for-profit industry association
dedicated to the advancement of connected home and intelligent
building technologies. The organization is supported by an
international membership of over 380 organizations involved in the
design, manufacture, installation and retailing of products
relating to integrated home and building technology. Public
organizations, including utilities and government organizations are
also members. CABA’s mandate includes providing its members with
networking and market research opportunities. CABA also encourages
the development of industry standards and protocols, and leads
cross-industry initiatives. More information is available at
www.CABA.org/
About Semtech
Semtech Corporation is a leading supplier of high performance
analog and mixed-signal semiconductors and advanced algorithms for
high-end consumer, enterprise computing, communications, and
industrial equipment. Products are designed to benefit the
engineering community as well as the global community. The Company
is dedicated to reducing the impact it, and its products, have on
the environment. Internal green programs seek to reduce waste
through material and manufacturing control, use of green technology
and designing for resource reduction. Publicly traded since 1967,
Semtech is listed on the Nasdaq Global Select Market under the
symbol SMTC. For more information, visit www.semtech.com.
Forward-Looking and Cautionary Statements
All statements contained herein that are not statements of
historical fact, including statements that use the words “will,”
“predict,” “could,” “designed to,” or other similar words or
expressions, that describe Semtech Corporation’s or its
management’s future plans, objectives or goals are “forward-looking
statements” and are made pursuant to the Safe-Harbor provisions of
the Private Securities Litigation Reform Act of 1995, as amended.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause the actual results
of Semtech Corporation to be materially different from the
historical results and/or from any future results or outcomes
expressed or implied by such forward-looking statements. Such
factors are further addressed in Semtech Corporation’s annual and
quarterly reports, and in other documents or reports, filed with
the Securities and Exchange Commission (www.sec.gov) including,
without limitation, information under the captions “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” and “Risk Factors.” Semtech Corporation assumes no
obligation to update any forward-looking statements in order to
reflect events or circumstances that may arise after the date of
this release, except as required by law.
Semtech, the Semtech logo, LoRa and LoRaWAN are registered
trademarks or service marks of Semtech Corporation or its
affiliates.
SMTC-P
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Ronda GrechSemtech Corporation(805)
250-1263rgrech@semtech.com
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