Silicon Labs buys Bluegiga for its wireless hardware and software expertise
Silicon Labs has bought Bluegiga Technologies in a cash deal which values the Finnish connectivity specialist at around $60million. According to Silicon Labs, the strategic acquisition expands its wireless hardware and software solutions for the IoT.
"With Silicon Labs' wireless, microcontroller and sensor portfolios gaining considerable traction in the IoT markets, the timing of this acquisition couldn't be better," claimed Silicon Labs' CEO Tyson Tuttle. "Bluegiga's wireless modules and software stacks round out our wireless portfolio and complement our IoT solutions. The addition of Bluegiga wireless modules gives us new ways to deliver simplicity to our customers, enabling developers to easily add wireless connectivity to their designs."
Bluegiga develops Bluetooth and Wi-Fi modules, software stacks and development tools that are said to complement Silicon Labs' 802.15.4 ZigBee and Thread mesh networking software, along with its low power sub GHz solutions, and wireless MCU and transceiver products.
"The Bluegiga team is excited to join forces with Silicon Labs," said Riku Mettälä, Bluegiga's vice president of product creation. "Together, our wireless development teams will drive innovation in the IoT market, and our unified solutions will give customers a rich choice of wireless platforms for connected devices."
Silicon Labs will continue to use Bluegiga's Espoo base as a centre of excellence for wireless hardware and software technology development.
Source: www.newelectronics.co.ukPrevious news All news of day Next news
Other news ...
- ST to lead €26m project to develop optical MEMS technologies
- Updated – FlexEnable sets out to create 'truly flexible' electronics
- Texas researchers create silicene transistor
- ARM unveils Cortex-A72 core, claims performance and power boosts
- All in a whirl over potential of skyrmions in magnetic memories
- UCL researchers double the error free transmission distance for subsea optical cables
- Spansion launches MCUs to address emerging HMI applications
- UK company launches dual band GSM/GPRS modem for M2M and IoT applications
- - March
- - June