NXP acquires Jennic to extend leadership in low power RF solutions for wireless applications
Complementary 802.15.4 and Zigbee-based portfolio to capture broad range of emetering, environment and consumer applications
Eindhoven, Netherlands, July 26, 2010 – NXP Semiconductors today announced its acquisition of Jennic, a leading developer of low power RF solutions for wireless applications in smart energy, environment, logistics and consumer markets. The acquisition will see Jennic’s state-of-the-art portfolio of 802.15.4 and Zigbee low power RF solutions integrated across a wide range of NXP’s High Performance Mixed Signal products. Together, this provides NXP with a comprehensive wireless semiconductor platform for emerging technologies including eMetering, smart lighting, building automation, asset tracking and device remote controls.
Integrating complementary short-range wireless technology from Jennic will immediately expand NXP’s RF product portfolio, meeting increasing market demand for low power RF solutions. NXP paid approximately $12.2 million to acquire 100% ownership of Jennic shares, plus up to $7.8 million in additional consideration over the next two years if Jennic meets certain performance targets. Approximately 50 UK-based employees will transfer to NXP. NXP’s worldwide distribution channels and leading customer base will allow Jennic’s short-range wireless products to become available to a broader range of global customer, increasing scale and opportunities for its low power RF range.
“Innovation in low-power wireless RF technology is driving significant demand for exciting new applications and usage models across a broad range of industries,” said Rick Clemmer, President and CEO, NXP Semiconductors. “The low power RF solutions for wireless applications which Jennic has developed have set a benchmark for driving down power performance. These also represent a great example of High Performance Mixed Signal technology, which together will enable us to jointly target attractive growth markets and offer a complete range of wireless semiconductor solutions.”
With leading levels of low power consumption and a full suite of robust 802.15.4 technology, including software stacks for Zigbee PRO, 6LowPAN and RF4CE, Jennic’s offering proves ideal for applications requiring low installation and maintenance costs with a high degree of flexibility, scalability and ability to be reconfigured. As Low Power RF technology increasingly replaces wired solutions for narrow-band communications, Jennic’s complete range of transceivers, chips, modules and protocol stacks are designed to meet growing demand for smart grid and metering, smart lighting networks, home and building automation and consumer remote controls solutions.
“We strongly believe that 802.15.4 short-range wireless technology has potential to both enable a number of new applications, and replace traditional communications across a range of industries,” said Alexander Everke, Executive Vice President and General Manager, High Performance Mixed Signal business unit, NXP Semiconductors. “The benefits of networking technology with low set-up and operation costs are significant, and by integrating Jennic’s solutions, we are now able to offer the broadest range of long- and short-range wireless platforms to meet any customer requirement.”
About NXP Semiconductors
NXP Semiconductors provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. Headquartered in Europe, the company has approximately 28,000 employees working in more than 25 countries and posted sales of USD 3.8 billion in 2009.
|
Related News
- Synaptics to Acquire DSP Group, Expanding Leadership in Low Power AI Technology
- Digital Blocks I2C & SPI Controller IP Core Families Extend Leadership in Sensor Interface to Host Processors with System-Level Features & Low Power
- NXP Semiconductors Acquires Wearable and Bluetooth Low Energy IC Business of Quintic
- Jennic and Mitsubishi Corporation announce strategic partnership
- Ceva Introduces its Next Generation Low Power Ultra-Wideband IP for FiRa 2.0 to Provide Highly Accurate and Reliable Wireless Ranging Capabilities for Consumer and Industrial IoT Applications
Breaking News
- Ceva multi-protocol wireless IP could simplify IoT MCU and SoC development
- Controversial former Arm China CEO founds RISC-V chip startup
- Fundamental Inventions Enable the Best PPA and Most Portable eFPGA/DSP/SDR/AI IP for Adaptable SoCs
- Cadence and TSMC Collaborate on Wide-Ranging Innovations to Transform System and Semiconductor Design
- Numem at the Design & Reuse IP SoC Silicon Valley 2024
Most Popular
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
- Qualitas Semiconductor Appoints HSRP as its Distributor for the China Markets
- Siemens collaborates with TSMC on design tool certifications for the foundry's newest processes and other enablement milestones
- Credo at TSMC 2024 North America Technology Symposium
- Huawei Mate 60 Pro processor made on SMIC 7nm N+2 process
E-mail This Article | Printer-Friendly Page |