Company Overview
Snapshot
Founded in January 2005 by Yigal Bitran, Eran Eshed, and Oded Melamed, Altair Semiconductor operates with 51–200 employees. The company has raised a total of $174 million across 7 funding rounds from 9 investors. In April 2026, Altair Semiconductor completed a spinout from.
Business overview
Altair Semiconductor develops cellular IoT chipsets designed to provide low-power, secure connectivity for a wide range of connected devices. Its core technology includes LTE Cat-M and NB-IoT platforms, such as the ALT1250 and ALT1350, which integrate modem, RF, security, iSIM, and low-power processing capabilities. The company serves markets including smart utility meters, asset trackers, wearables, vehicle telematics, smart-city infrastructure, home appliances, and industrial IoT systems, operating within the Industrial Technologies sector, specifically focusing on Microelectronics & Photonics Solutions and Semiconductors & Electronics.
Strategic signal
In April 2026, Altair Semiconductor completed its spinout from Sony Semiconductor Solutions, marking a significant strategic shift. This move, accompanied by initial funding led by Pitango Group, signals the company's renewed independence and a potential acceleration of its cellular IoT chipset development and market expansion as a standalone entity.
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- What was the most recent significant corporate event for Altair Semiconductor?
- In April 2026, Altair Semiconductor completed its spinout from Sony Semiconductor Solutions, returning to operate under its original name. Sony retains a minority stake in the company.
- Which investors participated in Altair Semiconductor's recent funding round?
- In April 2026, Altair Semiconductor secured initial funding led by.
- When did Altair Semiconductor change its name to Sony Semiconductor Israel?
- In July 2020, Altair Semiconductor changed its name to Sony Semiconductor Israel following its acquisition by Sony.
- When was Altair Semiconductor acquired by Sony?
- In January 2016, Sony acquired Altair Semiconductor for $212 million.
- What was a key partnership announced by Altair Semiconductor in late 2019?
- In November 2019, Altair Semiconductor collaborated with Renesas for cellular IoT solutions, aiming to enhance offerings in the IoT market.