Thursday, March 6, 2014
Cash-strapped analog and power management chip startup Touchstone Semiconductor has sold all of its assets to Silicon Laboratories Inc., the embedded processor vendor gunning for a dominant position in the Internet of Things (IoT) sector.
In a $1.5 million deal, Silicon Labs will gain nearly 70 analog products -- including op-amps, current sense amplifiers, low-power analog-to-digital converters (ADCs), comparators, power management ICs, timers, and voltage detectors and references -- all of which will enable designers to reduce power in battery-operated systems tailored for the IoT.
"These low-power analog components are very complementary to the existing solution that we have and allow us to sell more products into IoT applications," Silicon Lab's chief product officer, Dave Bresemann, told press, adding that the company already serves this burgeoning market with low-power MCUs, wireless products that connect those MCUs, as well as sensors and software for mesh networking. "It's well aligned with the low-power strategy we already have with the Internet of Things."
Silicon Labs began beefing up its product portfolio to pursue the IoT when it acquired Boston-based Ember, a manufacturer of ZigBee-based wireless networks, for $72 million in May 2012 and a year later purchased European 32-bit MCU maker, Energy Micro AS, for approximately $170 million.
By: DocMemory
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