Ex-Broadcom Unit to Shape Cypress IoT Future
Bluetooth -- an area of overlap
Junko Yoshida, EETimes
7/11/2016 12:34 PM EDT
MADISON, Wis. — Cypress Semiconductor Corp. last week closed the previously announced acquisition for $550 million of Broadcom’s Internet of Things business unit, in a move designed to establish Cypress as a wireless IoT processor powerhouse.
Details of the newly combined teams’ IoT technology/product plans won’t be available until the partners sort through which product lines to keep (or discontinue) among current IoT-related projects.
Despite a “little overlap” between the companies’ IoT products, those destined for a hard look will be Cypress’ Bluetooth products. Under the deal, Broadcom’s team has brought its own Wi-Fi, Bluetooth and Zigbee wireless technology.
E-mail This Article | Printer-Friendly Page |
|
Related News
- TSMC Launches OIP 3DFabric Alliance to Shape the Future of Semiconductor and System Innovations
- Morse Micro Raises $140M in Series B Funding to Accelerate IoT Connectivity and Revolutionize our Digital Future
- Silex Insight unleashes their new video codec (Colibri), that will shape the future of AV over IP distribution over 1GbE
- Cypress to Acquire Broadcom's Wireless Internet of Things Business
- Silicon Labs and ARM Collaborate to Drive the Future of Low-Power ARM mbed IoT Device Platforms
Breaking News
- Siemens delivers end-to-end silicon quality assurance for next-generation IC designs with new Solido IP Validation Suite
- UMC Reports Sales for April 2024
- GUC Monthly Sales Report - April 2024
- Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners
- Zhuhai Chuangfeixin: OTP IP Based on 55nm High-Voltage Process Successfully Qualified for Listing
Most Popular
- Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners
- Fabless semiconductor startup Mindgrove launches India's first indigenously designed commercial high-performance MCU chip
- Arm Brings Transformers to IoT Devices
- Alphawave Semi announced today a refocussing of the Board of Directors after reaching the three-year milestone since the Company's IPO
- Zhuhai Chuangfeixin: OTP IP Based on 55nm High-Voltage Process Successfully Qualified for Listing