ON Semiconductor to Acquire Communications for US$1 Billion |
NEWS |
ON Semiconductor, provider of power management, sensors, logic, timing, and low power wireless connectivity solutions, recently announced that it is set to acquire Wi-Fi chipset vendor Quantenna Communications. Quantenna’s portfolio consists of high-performance Wi-Fi solutions and is often early to market on new Wi-Fi standards and higher end chipset configurations for networking devices.
Complementary Product Offerings for Industrial and Automotive Markets |
IMPACT |
The strategic rationale for the move is threefold:
Firstly, the combination of ON’s existing expertise within power management and Bluetooth technologies with Quantenna’s innovative Wi-Fi hardware and software portfolio can help create a strong platform that can effectively address the wireless connectivity market for the industrial Internet of Things (IoT). The addition of Quantenna’s Wi-Fi portfolio will also complement ON’s existing suite of low-power connectivity solutions that…
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