In a move that broadens its Smart Automation Solutions portfolio for industrial automation and the industrial IoT, Analog Devices has acquired Innovasic in a deal whose terms have not been disclosed.

According to Analog, the move will give its customers immediate access to industrial Ethernet applications, as well as creating a roadmap for future connectivity needs. The deal is said to complement its existing industrial automation solutions.

Kevin Carlin, general manager of Analog’s Automation Business Unit, said: “Innovasic’s technology not only addresses today’s industrial Ethernet, but has also been demonstrated to address some of the early requirements of new IEEE time sensitive networking standards. With this acquisition, Analog can now offer its customers a path from the sensor to the connected future of Industrial IoT.”

Innovasic will operate as a technology group within Analog’s Industrial Automation Business Unit, developing the company’s Deterministic Ethernet solutions. Jordon Woods, Innovasic’s cofounder and COO, noted: “Innovasic and ADI have both pursued solutions to customers’ most challenging technical problems while committing to maintain long product life cycles to meet the requirements of the industrial market. Together, we will be able to effectively and efficiently solve the communications needs of customers serving the most demanding industrial automation environments.”

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved