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Skyworks expands to audio market with takeover of Avnera for USD 405 mln

Monday 6 August 2018 | 16:40 CET | News
Skyworks Solutions announced it signed a definitive agreement to purchase Avnera, a developer of Analog System on Chips (ASoCs), for an initial USD 405 million. The private fabless semiconductor supplier adds ultra-low power analog circuits to enable smart interfaces via acoustic signal processing, sensors and integrated software. Skyworks said the deal will expand its addressable market by over USD 5 billion, to applications such as AI speakers/microphones, virtual assistants, intelligent gaming controllers, vehicle in-dash systems and wired/wireless headsets.

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Categories: General
Companies: Skyworks
Countries: World
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