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OFFON

SEMTECH CORPORATION

(SMTC)
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Semtech : Announces BlueRiver« AV Manager Bringing SDVoE™ Solutions to Market Faster

09/15/2021 | 08:11am EDT

Endorsed by the SDVoE Alliance™, open and free software tool provides equipment makers access to application software to promote and demo their new products

Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced the launch of the BlueRiver® AV Manager, an open and free software tool that enables Software Defined Video over Ethernet (SDVoE™) equipment makers to develop SDVoE solutions much faster to market. The software features a simple and intuitive interface with a comprehensive set of common AV management tools for the end user, featuring easy reskinning and language translation, full access to source code to further customize and redistribute, and is compatible with any SDVoE endpoint or edge device with a BlueRiver chipset within. The BlueRiver AV Manager makes it easier for SDVoE equipment makers to develop new products utilizing the BlueRiver platform, the only technology that can combine all the capabilities needed for an AV distribution or processing application environment onto a single chip with a software defined Application Programming Interface (API).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210915005060/en/

Endorsed by the SDVoE Alliance™, open and free software tool provides equipment makers access to application software to promote and demo their new products (Photo: Business Wire)

Endorsed by the SDVoE Alliance™, open and free software tool provides equipment makers access to application software to promote and demo their new products (Photo: Business Wire)

“The launch of the BlueRiver AV Manager is Semtech’s free offering to any Pro AV business that wants to kick-start their own SDVoE product,” said Don Shaver, vice president of video products for Semtech’s Signal Integrity Products Group. “We strongly urge all SDVoE equipment makers to take advantage of all the free features and capabilities of the solution and continue to develop an ecosystem that furthers SDVoE technology.”

The BlueRiver AV Manager is a white label application and consists of an installer and source repository. With the installer, anyone can install the software (even those with no or little software experience) and rebrand or translate the software after installation. The source repository is for anyone who wants to either further customize or redistribute the app with their own branding. When utilizing the BlueRiver AV Manager, equipment makers can now have access to software to promote and demonstrate their new product to their downstream sales channel.

Endorsed by the SDVoE Alliance™, a nonprofit consortium of technology providers collaborating to standardize the adoption of Ethernet to transport AV signals in professional AV environments, the BlueRiver AV Manager is a new turnkey solution for those looking for immediate access to SDVoE software while they work on their own. Justin Kennington, president of the SDVoE Alliance, adds, “Creating an ecosystem around SDVoE technology is a main goal for the SDVoE Alliance and Semtech’s BlueRiver AV Manager is the ideal solution that will help businesses bring more SDVoE products to market—with no cost attached. The SDVoE Alliance endorses the BlueRiver AV Manager for any business that wants to customize and redistribute their product offerings with the highest quality open source code provided by Semtech.”

For further information on Semtech’s BlueRiver AV Manager please visit here.

About Semtech’s BlueRiver® Platform

Semtech’s BlueRiver® platform, brings the disruptive power of Ethernet to AV signal distribution, forever changing the dynamics of the Pro AV industry by allowing installers and OEMs to replace proprietary AV matrix switches with off-the-shelf Ethernet networks that deliver dramatically better price/performance, flexibility and scalability. The BlueRiver platform delivers a single programmable system on chip (SoC), which can be used to replace traditional AV/KVM extenders, matrix switchers, video wall controllers and windowing processors with a simple network of transmitters, receivers and off-the-shelf Ethernet switches. BlueRiver chipsets are the foundation of SDVoE technology offering zero-latency, uncompressed 4K streaming over standard Ethernet with unique support for HDMI 2.0a and HDR. They also integrate high-fidelity video scaling, windowing and audio downmixing. For more information, visit www.semtech.com/products/professional-av/blueriver.

About Semtech

Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words “designed to” or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans, objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in Semtech Corporation’s annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the captions “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors.” Semtech Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

Semtech, the Semtech logo and BlueRiver are registered trademarks or service marks of Semtech Corporation or its affiliates. SDVoE is a trademark or service mark of the SDVoE Alliance.

SMTC-P


ę Business Wire 2021
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Sales 2022 736 M - -
Net income 2022 119 M - -
Net Debt 2022 - - -
P/E ratio 2022 43,7x
Yield 2022 -
Capitalization 5 163 M 5 163 M -
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Nbr of Employees 1 394
Free-Float 81,2%
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Number of Analysts 11
Last Close Price 80,18 $
Average target price 87,80 $
Spread / Average Target 9,50%
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Mohan R. Maheswaran President, Chief Executive Officer & Director
Emeka Chukwu Chief Financial Officer & Executive Vice President
Rockell Nathan Hankin Chairman
Asaf Silberstein EVP-Operations & Information Technology
James T. Lindstrom Independent Director
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