Qualcomm Enhances Power IC Portfolio With Summit Acquisition
Qualcomm Incorporated has acquired Summit Microelectronics
(Summit), a developer and provider of programmable power integrated circuits
based in Sunnyvale, California.
Qualcomm says its power management roadmap will be significantly enhanced with the addition of Summit's expertise and products.
As a result of the acquisition, Qualcomm will be able to offer a robust portfolio which will address a broader set of customers and complex design challenges. All employees of Summit Microelectronics have joined Qualcomm's CDMA Technologies division.
The demand for more sophisticated battery management is critical in a world of increasingly smart devices with advanced computing capabilities, large high-resolution screens, and advanced modem technologies, for example in 4G LTE. Summit Microelectronics manufactures flexible, highly integrated power management products combining precision power regulation with sophisticated digital control in a single chip. In particular, the Company's fast charging solutions are found in a variety of leading mobile phones, tablets, and e-readers.
"Summit Microelectronics brings key expertise, technology, products, and design wins in battery charging and DC-DC converters," said Steve Mollenkopf, president and COO of Qualcomm. "This acquisition enhances the competitiveness of Qualcomm's chipset solutions and enables us to provide our customers with industry leading power management and charging performance."
