Silicon Labs completes Redpine acquisition
May 6, 2020
Texas-based electronics company Silicon Labs has completed its acquisition of Redpine Signals' wifi and Bluetooth business, development centre in Hyderabad, India, and patent portfolio for $308m in cash.
"This acquisition brings critical connectivity technology and talent to help us accelerate our low-power wifi connectivity roadmap for the internet of things while increasing scale and breadth," said Tyson Tuttle, CEO of Silicon Labs. "The world increasingly depends on wireless technology to stay connected. The acquired Redpine connectivity business enables people, teams and businesses around the world to remain safe, productive and in touch."
Redpine's low-power wifi assets and intellectual property provide technology for IoT connectivity. Wifi 6 (802.11ax), the latest evolution of the wifi standard, is designed to meet the low power, performance, security and interoperability requirements in environments with hundreds or thousands of connected IoT devices.
The integration of Redpine Signals' assets will accelerate Silicon Labs' roadmap for Wifi 6 technology. The acquisition also adds Bluetooth Classic IP for audio applications such as wearables, hearables, voice assistants and smart speakers.
The acquisition includes an at-scale design centre with approximately 200 employees in Hyderabad, India. The addition of this multidisciplinary team should help Silicon Labs scale R&D faster and more efficiently in one of India's most engineering talent-rich regions.
Silicon Labs is a provider of silicon and software for IoT, internet infrastructure, industrial automation, consumer and automotive markets.
Redpine Signals is a semiconductor and systems company founded in 2001 and headquartered in San Jose, California. It is focused on the development of low-power wireless and MCU products for IoT, wearable, home automation, medical, industrial and automotive applications.
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