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STMicro scores takeover ‘hat-trick’ with deal for IoT and 5G specialist SOMOS

STMicroelectronics (STMicro) has followed up the summer purchases of France-based ultra-wideband (UWB) specialist BeSpoon and Canada-based cellular IoT connectivity firm Riot Micro with a deal for cellular IoT and 5G chipmaker SOMOS Semiconductor. The Franco-Italian firm said the acquisition strengthens its product portfolio, intellectual property,...