MARKET WIRE NEWS

Semtech's LoRa Plus(TM) Platform Enables Multi-Protocol Smart Home and Security Development

MWN-AI** Summary

Semtech Corporation (Nasdaq: SMTC), a leader in high-performance semiconductor and IoT solutions, has announced a definitive agreement with Trident IoT that will enhance its LoRa Plus™ platform as a key connectivity foundation for next-generation multi-protocol smart home and security applications. This partnership offers customers using Semtech's LoRa Plus transceivers royalty-free access to Trident IoT's software development kit (SDK) and development tools. This positions Semtech as a comprehensive provider for Z-Wave connectivity, with plans to support other protocols like Zigbee and Thread/Matter.

The collaboration aims to simplify the complexities developers encounter while integrating various smart home connectivity standards. By combining Trident IoT's ELCap™ development platform with Semtech’s advanced LR2021 multi-PHY transceiver, the integrated solution accelerates the time-to-market for manufacturers of smart home and IoT devices, enhancing operational efficiency.

Madhu Rayabhari, Senior Vice President at Semtech, stated that this agreement solidifies Semtech's position as a leader in multi-protocol IoT connectivity. The integrated offering helps reduce development complexity, allowing customers to focus more on product innovation rather than implementation challenges.

The roadmap for the LoRa Plus platform begins with Z-Wave, offering strong, secure connectivity for smart home applications. Future support for additional protocols, including Zigbee and Thread/Matter, will further enhance market reach and interoperability in home automation systems.

Beta units featuring the integrated solution are expected to be available to select development partners in Q2 2026, marking a significant step forward for Semtech's strategy in the expanding smart home market. Interested companies can inquire further by reaching out directly to Semtech.

MWN-AI** Analysis

Semtech Corporation’s recent partnership with Trident IoT to enhance its LoRa Plus™ platform marks a significant strategic move in the competitive landscape of smart home and security connectivity solutions. As a financial analyst, here’s my market advice for stakeholders and potential investors considering Semtech (Nasdaq: SMTC).

The integration of Trident IoT’s proprietary ELCap™ development platform with Semtech’s LoRa Plus technology positions the company as a leader in the multi-protocol connectivity space. This collaboration solves a recurring issue faced by developers: the complexity of multiple smart home connectivity standards. By offering a one-stop solution that enables royalty-free access to essential development tools, Semtech accelerates the product development cycle and lowers the barrier to entry for new entrants in the IoT market.

Investors should note that the initial focus on Z-Wave—with future expansions to include Zigbee and Thread/Matter—broaden Semtech's market scope, enhancing its competitiveness. This multi-protocol support will likely attract diverse customer segments, including manufacturers keen to streamline their product rollout processes.

Semtech’s strategy not only reduces development complexities for its customers but also positions the company firmly as a comprehensive solutions provider—traits that are particularly crucial in the rapidly evolving IoT landscape. The phased rollout and anticipated delivery of beta units in Q2 2026 could create a positive momentum for the stock as anticipation and early adoption grow within the industry.

In conclusion, Semtech’s proactive approach to integrating multiple protocols into a unified platform places it in a favorable position to capture significant market share. Investors should closely monitor the execution of this strategy, the response from the development community, and the broader market trends driven by consumer demands for integrated smart home technologies. A cautiously optimistic outlook is warranted, with potential upside as the product gains traction.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Definitive agreement with Trident IoT positions Semtech as one-stop provider for Z-Wave connectivity, with Zigbee and Thread/Matter roadmap

Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service solutions, today announced a definitive agreement with Trident IoT that positions Semtech’s LoRa Plus ™ platform as the connectivity foundation for next-generation multi-protocol smart home and security solutions. With this agreement, customers who purchase Semtech’s LoRa Plus transceivers will have royalty-free access to Trident IoT’s software development kit (SDK) and development tools, positioning Semtech as a one-stop provider for Z-Wave connectivity, with development plans to support Zigbee and Thread/Matter.

The collaboration addresses the growing complexity developers face in supporting multiple smart home connectivity standards by integrating Trident IoT’s award-winning ELCap™ development platform and SDK with Semtech’s LoRa Plus family, including the LR2021 multi-PHY transceiver . This turnkey approach eliminates traditional development fragmentation, accelerating time-to-market for manufacturers of smart home, security and IoT devices.

Semtech Becomes One-Stop Provider for Multi-Protocol Smart Home Solutions

“This definitive agreement establishes Semtech as a performance leader and comprehensive solution provider for multi-protocol IoT connectivity,” said Madhu Rayabhari, senior vice president and general manager of Semtech’s analog, mixed-signal and wireless products group. “By integrating Trident IoT’s production-ready development tools with our multi-award-winning 4 th generation transceiver, LR2021, we’re becoming one of the industry’s most complete solutions for smart home and security applications. Our customers benefit from a single-source platform that combines proven silicon with robust software tools, significantly reducing their development complexity and accelerating their path to market.”

The agreement builds on Semtech’s established position in low-power connectivity, extending the company's LoRa Plus platform strategy to address complementary smart home protocols alongside its existing LoRaWAN® and Amazon Sidewalk® offerings.

“This partnership represents an evolution in our collaboration with Semtech,” said Mariusz Malkowski, chief technology officer of Trident IoT. "By combining our ELCap platform and SDK with Semtech’s LoRa Plus transceivers, we’re removing the barriers that have traditionally complicated multi-protocol IoT development. The integration delivers a truly turnkey solution that enables our mutual customers to focus on product innovation rather than connectivity implementation.”

Comprehensive Multi-Protocol Roadmap

Semtech and Trident IoT will deliver a phased rollout of protocol support across the LoRa Plus platform:

  • Z-Wave will be the first protocol released, delivering secure, low-latency connectivity proven in smart home applications. LoRa Plus platform customers receive royalty-free access to Trident’s Z-Wave SDK and development tools.
  • Support for additional protocols, including Zigbee and Thread/Matter , is expected to follow. This will further strengthen market coverage in smart home and security sectors while enhancing interoperability within home automation ecosystems.

The solution delivers:

  • Integrated Development Environment: Seamless integration between Semtech's LR2021 transceiver and Trident's ELCap platform and SDK
  • Multi-Protocol Flexibility: Support for multiple leading IoT protocols on a single hardware platform
  • Accelerated Time-to-Market: Pre-validated, production-ready reference designs and comprehensive development tools
  • Future-Ready Architecture: Scalable platform designed to accommodate emerging protocols and standards

Availability

Beta units featuring the integrated Semtech-Trident solution are expected to be available to select development partners in calendar Q2 2026. Companies interested in early access should contact [email protected] .

Meet Semtech at Embedded World

Semtech will be at Embedded World 2026, Booth #3-353, Mar. 10-12 in Nuremberg, Germany. Schedule a meeting or learn more at www.semtech.com .

About Semtech

Semtech Corporation (Nasdaq: SMTC) is a leading provider of high-performance semiconductor, IoT systems and cloud connectivity service solutions dedicated to delivering high-quality technology solutions that enable a smarter, more connected and sustainable planet. Our global teams are committed to empowering solution architects and application developers to develop breakthrough products for the infrastructure, industrial and consumer markets. To learn more about Semtech technology, visit us at Semtech.com or follow us on LinkedIn or X .

Semtech, the Semtech logo and LoRa are registered trademarks or service marks of Semtech Corporation or its subsidiaries, and LoRa Plus is a trademark or service mark of Semtech Corporation or its subsidiaries. All other trademarks, service marks and trade names mentioned in this press release are the property of their respective owners.

SMTC-P

View source version on businesswire.com: https://www.businesswire.com/news/home/20260225649193/en/

Michelle Lozada, [email protected]

FAQ**

How does the definitive agreement between Semtech Corporation SMTC and Trident IoT enhance Semtech’s competitive advantage in the multi-protocol smart home connectivity market?

The definitive agreement between Semtech Corporation and Trident IoT strengthens Semtech’s competitive advantage in the multi-protocol smart home connectivity market by leveraging Trident’s innovative IoT solutions to enhance product offerings and expand market reach.

What specific benefits will customers of Semtech Corporation SMTC gain from the integration of Trident IoT’s ELCap platform with the LoRa Plus transceivers?

Customers of Semtech Corporation will benefit from enhanced connectivity, improved energy efficiency, and advanced data management capabilities through the integration of Trident IoT’s ELCap platform with LoRa Plus transceivers.

Can you elaborate on the phased rollout timeline for protocol support within Semtech Corporation SMTC's LoRa Plus platform, particularly regarding the introduction of Zigbee and Thread/Matter?

The phased rollout timeline for Semtech Corporation's LoRa Plus platform, including support for Zigbee and Thread/Matter, aims to progressively integrate these protocols throughout 2024, enhancing interoperability and connectivity in IoT applications.

What are the implications of offering royalty-free access to Trident’s Z-Wave SDK for manufacturers using Semtech Corporation SMTC’s products in their smart home solutions?

Offering royalty-free access to Trident’s Z-Wave SDK for manufacturers using Semtech’s products can accelerate innovation, reduce costs, and enhance interoperability in smart home solutions, ultimately fostering a more competitive and expansive market ecosystem.

**MWN-AI FAQ is based on asking OpenAI questions about Semtech Corporation (NASDAQ: SMTC).

Semtech Corporation

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