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SEALSQ Enters Into Exclusive Negotiations to Acquire 100% of IC'ALPS

GlobeNewswire LogoGlobeNewswire11h ago

SEALSQ Enters Into Exclusive Negotiations to Acquire 100% of IC'ALPS - GlobeNewswire

Quick Summary:

Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the closing of the proposed acquisition of IC’ALPS; the proposed acquisition’s ability to further SEALSQ’s strategic expansion into the ASIC market; the market growth of the ASIC market; SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC.

Geneva, Switzerland, Feb.27, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a leading developer and provider of Semiconductors, PKI, and Post-Quantum technology hardware and software solutions, today announced that it has entered into exclusive negotiations with the shareholders of IC’ALPS SAS ("IC’ALPS”), an ASIC design and supply specialist based in Grenoble, France, to acquire 100% of the share capital and voting rights of IC’ALPS.

The merger with SEALSQ presents a significant opportunity for IC’ALPS in the security field, particularly for all connected products, while still meeting the needs of other customers as their trusted ASIC design and supply partner.” "Joining forces with SEALSQ will accelerate IC’ALPS’ growth while elevating our ASIC development solutions.

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Article Details

Author / Journalist: SEAL Semiconductors

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 14:20:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1400 words

Reading Time: 8 minutes read

Sentences: 46 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 26477134

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 70 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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