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CORRECTING and REPLACING Semtech’s LoRa® Devices Leverage the Cloud to Increase Utility Efficiency
Semtech Corporation (Nasdaq: SMTC), a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, announced that a state-of-the-art metering solution based on Semtech’s LoRa® devices has been developed as part of the MeDa project for one of Germany’s leading energy companies with Seluxit (Nasdaq: SLXIT), a leading developer of Internet of Things (IoT) solutions. The MeDa meter leverages a number of the advantages of the LoRaWAN® protocol enabling consumers to change wasteful energy habits and save money.
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