Silicon Labs has bought Touchstone Semiconductor Inc., an early-stage power management technology company and provider of analog IC products, for $1.5 million.
Touchstone’s low-power analog products and technologies complement Silicon Labs’ embedded portfolio of energy-friendly microcontrollers, wireless products, and sensors for the Internet of Things market. The transaction adds almost 70 analog products to Silicon Labs’ portfolio including op-amps, current sense amplifiers, low-power analog-to-digital converters, comparators, power management ICs, timers, and voltage detectors and references.
Silicon Labs will continue to sell the Touchstone IC products under the Silicon Labs name and plans to expand this product line going forward. Touchstone is based in Milpitas, Calif.
“As the IoT market expands exponentially, developers require an ever-widening array of low-power MCUs, wireless ICs, sensors and power management technologies for battery-powered end-nodes,” says Tyson Tuttle, CEO of Silicon Labs. “IoT end-node designs require the utmost in energy efficiency to maximize battery life without compromising performance. This asset purchase adds valuable energy-saving analog technology and products to enhance our embedded portfolio for the IoT.”
Silicon Labs provides analog-intensive, mixed-signal ICs. The company is based in Austin, Texas.
Release Date: March 3, 2014
Source: Silicon Labs