Microchip Technology Inc., a provider of microcontroller, mixed-signal, analog, and Flash-IP solutions, has acquired semiconductor company EqcoLogic of Brussels, Belgium. EqcoLogic develops equalizers to permit longer cable lengths or higher data rates, and transceivers that transmit bidirectional data and power over conventional coaxial cables.
“The advent of higher-speed automotive and industrial networks, such as MOST and Ethernet, and the need to reliably transmit data over longer distances using standard coaxial cables is creating the demand for innovative equalizer and transceiver solutions,” says Ganesh Moorthy, Microchip’s COO. “EqcoLogic’s solutions are tailor-made to address these needs for embedded applications, and broaden the range of solution options we offer customers to enable their end-product innovation.”
“We believe EqcoLogic’s solutions are well positioned to capitalize on a number of embedded markets, especially for automotive and industrial customers,” says Peter Helfet, EqcoLogic’s CEO. “Microchip’s operational excellence, combined with their broad customer reach and extensive channel presence, will be key for the next stage of our growth.”
Release Date: November 21, 2013
Source: Microchip Technology