Texas Instruments finalises Chipcon acquisition
Texas Instruments (TI) Incorporated announced it has finalised its acquisition of Chipcon, a leading company in the design of short-range, low-power wireless RF (radio frequency) transceiver devices. This acquisition will expand TI’s high-performance analogue portfolio and will enable TI to provide customers with industry-leading ZigBee-compliant solutions and a broad range of proprietary radio frequency integrated circuits that enable innovative low-power wireless applications.
The acquisition combines Chipcon’s market-leading radio frequency portfolio, technical support and development tools with TI’s high-performance analogue silicon technologies, systems expertise and sales network to provide customers with complete low-power wireless solutions. Chipcon’s product line fully complements TI’s existing high-performance analogue, power management and ultra-low-power microcontroller portfolio.
Chipcon has a strong position within both proprietary and standards-based radio technologies and targets both consumer applications such as wireless keyboard/mouse, wireless VoIP solutions, remote controls, wireless gaming accessories and active RFID systems. As well as home and building automation applications such as alarm and security systems, automatic meter reading systems and other monitoring and control systems.
The Chipcon product line strengthens TI’s position in ZigBee, a global standard for wireless monitoring and control applications. Chipcon piloted the launch of the 2.4 GHz IEEE 802.15.4 compliant and ZigBee-ready RF transceiver. The company also introduced the true System-on-Chip ZigBee-compliant solution and recently added location estimation capability to this product. Chipcon is the first company to offer three ZigBee-compliant development platforms and provides a true one-stop-shop solution including RF transceivers, the industry-leading Z-Stack ZigBee protocol software, development tools and proven reference designs.
Chipcon will continue to operate as a wholly owned subsidiary of TI from its headquarters in Oslo, Norway, as well as from its software design centre in San Diego, California. TI is paying approximately $200 million for the acquisition.
