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Globalstar Hires Former Qualcomm Boss Jacobs as CEO

In an effort to spur growth, Globalstar GSAT -5.44%↓ this week appointed former Qualcomm chief executive officer Paul Jacobs as its CEO.  Jacobs, son of Qualcomm QCOM -0.28%↓ founder Irwin, takes over at a time when...

Semtech Buys Sierra Wireless for $1.2 Billion

Announcement comes days after Thales IoT business merges with Telit... Internet of Things solutions provider Semtech Corp. SMTC 0.46%↑ has acquired Canada-based Sierra Wireless SWIR 0.16%↑ for $1.2 billion.  Semtech purchased Sierra Wireless...

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