Core Viewpoint - SEALSQ Corp has signed a Share Purchase Agreement to acquire 100% of IC'ALPS SAS, enhancing its capabilities in ASIC development to meet growing sector demand [2][4]. Company Overview - SEALSQ Corp specializes in semiconductors, PKI, and Post-Quantum technology solutions, focusing on quantum-resistant cryptography to address security challenges posed by advancing quantum computing [7][8]. - IC'ALPS SAS is an ASIC design and supply specialist based in France, providing a comprehensive range of services from circuit specification to production supply chain management [6]. Acquisition Details - The acquisition of IC'ALPS is expected to add approximately 100 skilled employees and is anticipated to be completed in the third quarter of 2025, pending regulatory approval [4][5]. - The SPA follows a period of exclusive negotiations that began on February 27, 2025, with the main terms remaining applicable as announced on May 22, 2025 [3]. Strategic Implications - This acquisition is aimed at reinforcing SEALSQ's commitment to ASIC development, which is crucial for meeting the increasing demand in various sectors including medical, industrial, automotive, and IoT [4][6]. - IC'ALPS has expertise in analog, digital, and mixed-signal circuits, which will complement SEALSQ's existing capabilities in semiconductor technology [6].