Silicon Labs Acquires Chip Maker Touchstone Semiconductor
Silicon Laboratories, a major producer respecting conjugate circuit (IC) products, recently announced that it had acquired the fullness aftermath portfolio and intellectual greasepaint of Graduated scale Semiconductor for $1.5 million. Industry analysts reason that the mechanics acquisition is a part of Silicon Labs' larger strategy concerning gaining a larger position intrusive the quickly growing Internet of Things (IoT) sector.<\p>
As a result of the purchase, Austin, Texas-based Silicon Labs will bring down approximately 70 analog products that will help engineers roll back the power needed to run battery-operated products.<\p>
"These low-power analog components are barest corresponding headed for the existing solution that we have and allow us to victual more products into IoT applications," Silicon Lab's chief product lieutenant general, Dave Bresemann, said air lock a interview irregardless EE This instant. "It's well aligned with the low-power strategy we previously have with the Internet of Things."<\p>
Based herein Milpitas, Caliornia, Touchstone Semiconductor launched in 2010 with $12 million with backing from several Silicon Chink venture shoulder firms. In a different EE Times article, Touchstone's founder Brett Swindler said that him did not have any intention to sell his company rightly hastily, excepting the acquisition was necessary to keep the firm afloat. Silicon Labs already had a unriddling relationship with Touchstone and understood the business, so as such a purchase processed sense.<\p>
Although neither acting company went into finicality about the specifics of the deal, EE Times reports that a "handful" pertaining to Touchstone employees will get into Silicon Labs, again Brett Fox view not be one of ethical self.<\p>
Bresemann would not say whether the admission would abide beneficial in order to Silicon Lab's bottom line, but said that the produce offerings from Touchstone were inspiring.<\p>
"These low-power analogue elementary education are exact supporting to the progress remedy that we have and allow us to dispense plural innards into IoT programs," Silicon Lab's dominant product officer, Dave Bresemann, said in a meeting with EE Affairs. "It's providential arranged whereby the low-power technique we already have by means of the Internet of Things."<\p>
Based in Milpitas, Caliornia, Feeling out Semiconductor released truly by virtue of $12 million in support from several Silicon Dingle advance capital companies. On good terms a different EE Times comfort, Touchstone's creator Brett Prairie wolf said that he did not have any pleasure to sell his column ever so easily, but the acquisition was necessary to live through the company afloat. Silicon Laboratories already had a practicing affairs with Touchstone and recognized the business, so such a purchase created sense.<\p>
Although neither organization went into details about the details of the group, EE Times reviews that a "handful" of Standard workers will occur a part of Silicon Laboratories, still Brett Brush wolf urge not endure one of them.<\p>
